๐ $DOT /USDT - Layer 1 Token in Correction Phase
๐ด Current Price: $4.022 (-3.50%)
๐ 24h Range: $3.985 - $4.186
๐ธ Volume: 20.18M USDT
Critical Technical Levels
๐ Immediate Support: $3.985 (24h low)
๐ก Next Support: $3.823 (Recent swing low)
๐ Resistance: $4.186 (24h high) โ $4.438 (Stronger zone)
Market Structure
โข Trading below all key MAs (7/25/99-day)
โข Volume suggests distribution phase
โข Oversold RSI possible on lower timeframes
Trading Strategy
๐ธ Conservative Play: Wait for reclaim of $4.09 level
๐ธ Aggressive Entry: Only if holds $3.98 with volume
๐ธ Stop-Loss: Below $3.82 for swing trades
โ ๏ธ DYOR - High correlation with BTC movements!
Is this a buying opportunity or more downside ahead? ๐ Share your chart analysis!