🚨 $DOT /USDT Plummets: Testing Critical Levels! 🚨
$DOT is trading at $6.960, down a sharp -15.49% in the last 24 hours. After hitting a high of $9.264, Polkadot has faced severe selling pressure, approaching its daily low of $6.846. 📉
🔑 Key Levels:
Support: $6.850 – A crucial level for a potential rebound. ⚠️
Resistance: $7.600 and $8.000 – Key zones to reclaim for recovery. 📈
Stop-Loss: Below $6.750 to manage downside risks. 🚨
📊 Potential Scenarios:
🚀 Bullish Case: If DOT holds $6.850 and breaks above $7.600, it could rally towards $8.000 and further to $8.500. 🌟
⚡ Bearish Case: A breakdown below $6.850 may open doors to $6.500 or lower. 📉
Stay alert and monitor price action closely for confirmation before entering positions. 🧐
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