Sudden drop in DOT after testing resistance at 4.92!
After a strong upward wave, DOT failed to hold above 4.87 and sharply reversed towards 4.76 with high trading volume indicating a quick liquidity exit.
The current decline may be a technical correction after a clear overbought condition, especially with a negative crossover beginning to appear in MACD and RSI approaching neutral levels.
Are we witnessing a retest of support areas at 4.55? Or will buyers return strongly?
Watch the next movement closely, as false breakouts are usually followed by violent moves!
#DOTUSDT
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