$DOT Fakeout📉📉?? DOT along with other altcoins, has dumpe

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$DOT Fakeout📉📉?? DOT along with other altcoins, has dumped around 17%. The trendline in the snapshot suggests this might be a trap or a fakeout, it also dumped from the 200 EMA which shows a potential breakout trap. The market moved to liquidate high-leverage long positions and now aims to liquidate high-leverage short positions through a potential fakeout. Note: This is not financial advice. #TopCoinsJune2024 #altcoins #DOT_UPDATE #POLKADOTE #DumpandDump

$DOT Fakeout📉📉??
DOT along with other altcoins, has dumped around 17%. 
The trendline in the snapshot suggests this might be a trap or a fakeout, it also dumped from the 200 EMA which shows a potential breakout trap.
The market moved to liquidate high-leverage long positions and now aims to liquidate high-leverage short positions through a potential fakeout.
Note: This is not financial advice.
#TopCoinsJune2024 #altcoins #DOT_UPDATE #POLKADOTE #DumpandDump 