Polkadot ($DOT /USDT) Short Setup Alert!🔥💯
🔹 Entry Zone: $7.00 - $7.10
🔹 Stop Loss: $7.25 (above resistance)
🔹 Take Profit Levels:
• TP1: $6.85 (minor support)
• TP2: $6.70 (key demand zone)
• TP3: $6.50 (extended target)
🔹 Technical Overview:
The DOT/USDT chart indicates a bearish momentum with a clear rejection at $7.10 and high selling pressure breaking key levels. Volatility suggests further downside is likely.
🔹 Action Plan:
Execute short positions within the entry zone and manage risk carefully. Adjust Stop Loss to breakeven after TP1 is reached to secure profits. Monitor $6.85 and $6.70 levels closely for potential reversals.
Trend: Bearish (1H timeframe)
Stay disciplined and follow the setup!