😎DOT/USDT Analysis
•The asset has been navigating a falling wedge pattern. Currently, #DOTUSDT is aiming to retest the upper resistance of the pattern.
•A bullish breakout is promising, but a successful retest will reinforce and confirm this breakout.
•If the price falls back into the wedge, it’s likely to retest its support at $4,850. This level will be a key indicator of DOT's strength, and a failure to hold here could signify a potential decline.
•Should the macro market sentiment turn bearish with significant selling pressure, the price might revisit its liquidity-packed area and strong medium-term support between $4.0 and $3.7. This zone is critical as it has historically provided substantial support.