$DOT - Key daily support touched at 7.100 - 7.150$!
If it hold, we may see a pump toward the 8.00 - 8.200$ zone again!
Short term price = bearish, if it break below, monitor the 6.400 - 6.300$ zone!
Importants level are in my charts!
Volatility on both side can be expected around the 7.200 - 7.300$ zone! ⚠️
Prices could break down because of the weekly candle at the moment. If importants support aren't holding, it mean that dump could be strong!
Key resistances:
8.200 - 7.900 - 8.400$ & Downtrend [H4]
Key supports:
7.250 - 7.100- 6.580 - 6.300 - 6.80$
🔔To resume:
-Bearish pressure remain strong and prices could continue to dump!
-Shorting on daily support is also risky at the moment ⚠️
-I think that's safer to short on higher entry and to wait for lower supports zone to be tested for medium term setups!
Play with the trend, it's always safer! 💡
Hopping and expecting a reversal could result in big losses! 💡
Possible setup in the H2 view.🎯
