$DOT at $1.711, locked in a steep downtrend from $2.40+ highs. Price consistently rejected below all moving averages and downtrend resistance. The $1.70 level is current support, but bears remain in control.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$DOT at $1.711, locked in a steep downtrend from $2.40+ highs. Price consistently rejected below all moving averages and downtrend resistance. The $1.70 level is current support, but bears remain in control.
Setup :
TP1: $1.650
TP2: $1.600
TP3: $1.550
Stop Loss: $1.760