$DOT / usdt - Price analysis [request]:
Weekly key support (lower: 6.590$)
Prices are currently located on the H4 uptrend, but the current bearish pressure is strong!
Very unsafe zone to be traded yet, (Neutral on the weekly).
Lower weekly supports:
5.750 - 4.930$
I think that a test of the 6.500 - 6.600$ lower support zone will be see before to see another bullish reaction 📈
If the 6.500$ support is break then prices could move toward 6.00$ and lower. For now those support are pretty strong, and may hold!
🔔Monitor the H4 uptrend in my chart (Breakout or bearish retest).