DOT was recently rejected strongly at the $1.99 level and was unable to maintain its momentum. The price surged quickly but immediately faced selling pressure, then fell back to lower levels. This indicates that buyers lack the strength to break through. Currently, DOT is trading at $1.28, significantly below the resistance zone of 1.99-2.02. The structure after the rejection is quite weak, often leading to a further downtrend. As long as the price remains below $1.99, sellers hold the control. If DOT cannot regain and hold above the $1.99 level, it is likely to continue declining to lower support levels. Only a breakout and close above this resistance could change the outlook. For scalpers, consider entering around the 1.94-1.89 zone with a stop loss at 2.05, but risk management should be careful. The current situation is not very favorable for aggressive moves.

DOT3,58%
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