$DOT Short Signal – Rejected at Key Resistance ⚠️
$DOT Market Update
Current Price: $8.94 (+6.68%)
After facing rejection near the $9.20 resistance, $DOT shows signs of a potential short setup as selling pressure builds.
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 suggests a pullback, with $8.60 acting as a key level to monitor for profit-taking.
Risk Management Advice
Set a stop loss above $9.25 to manage potential losses and keep an eye on volume around support levels for further confirmation.
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