🚨 $DOT /USDT – Failed to Sustain $3.98, Bears Push DOT Lower 🚨
#Polkadot surged to a 24H high of $3.982 but faced strong resistance and is now down to $3.824, losing -1.95% on the day. The 15-minute chart shows a clear downtrend forming after the peak, with support now testing near the daily low of $3.795.
24H Snapshot:
High: $3.982
Low: $3.795
Volume: 4.64M DOT / $18.12M USDT
Technical Breakdown:
A steady decline from the top indicates buyer exhaustion and growing bearish pressure. The rejection from near-$4 and a failure to bounce strongly suggests a continuation lower if $3.80 is breached again.
Trade Setup – SHORT SIGNAL LIVE:
Entry Zone: $3.83 – $3.86
Target 1: $3.78
Target 2: $3.65
Final Target: $3.52
Stop Loss: $3.91
Why Short?
Bearish volume pickup, consistent red candles, and lower highs make this a clean reversal setup. DOT likely needs a deeper retest before any bullish momentum rebuilds.
Pro Tip:
Use trailing stops to lock in gains as price nears $3.70 support. Watch volume near $3.78 for possible reaction.
3.824
-1.99%
