$DOT Analysis

๐Ÿ”น 4H Timeframe:

๐Ÿ“‰ Rejected at trendline resistance

๐Ÿ“Š Forming a descending parallel channel

๐Ÿ”น Weekly Timeframe:

๐Ÿ”„ Previously broke trendline resistance; retesting support near $6.7

๐Ÿ“ˆ Accumulating under a horizontal channel for 900+ days

๐Ÿ“Š Showing pumps from the middle line support at $6.1

๐Ÿšจ Invalidation: Below $5.5

#DOT #CryptoAnalysis #Altcoins

$BTC $ETH

๐ŸŒฑ Calling all trading enthusiasts! Let's thrive together! ๐Ÿš€ Show some love with likes, shares, and follows for maximum gains! ๐Ÿ’ฐ๐Ÿ“ˆ #TradingCommunity ๐ŸŒŸ