Don't rush to call a reversal; this chart has been looking off for days. 📉🚨
A few days ago before bed,
$DOT was still bobbing around at highs. Many were eyeing small bounces wanting to jump in, but what I saw was clear overhead resistance, weak support, and volume that never cooperated.
While everyone was hesitating, I saw DOT getting pushed back every time it tried to rally, with no sustained buying pressure 👀
This kind of movement is the most dangerous—looks lively on the surface but no one is actually buying. So I chose to go long around 1.283.
Now the price has moved to 0.883, with a g