Short Signal – Rejected at Key Resistance ⚠️
$DOT Market Update
Current Price: $8.94 (+6.68%)
After facing resistance near $9.20, $DOT shows signs of a potential short opportunity as selling pressure intensifies.
Signal Overview
Entry Zone: $8.95 - $9.10
Targets: $8.60 / $8.40 / $8.20
Stop Loss: Above $9.25
Market Insights
24H High: $9.26
24H Low: $8.34
Strong resistance near $9.20 indicates a possible pullback, with $8.60 being a key level for profit-taking.
Risk Management Tips
Set a stop loss above $9.25 to limit potential losses. Monitor trading volume around support levels for further confirmation of market direction.