DOT this one is kind of interesting. BTC is down 1.5%, the whole market is tightening up—yet it went against the trend and pulled up 3.5%, hitting 0.888. What does that mean? Money is actively stepping in to buy the dip, not passively chasing.
I’ve done two cycles of bull and bear, and I’ve seen too many times where when BTC drops, everyone just kneels. This time DOT stands out, suggesting there’s capital betting on its ecosystem narrative. But I also have to pour some cold water—at the 0.888 level, 0.95 above it is a strong resistance. If it can’t break through, it could be a bull trap.
What do you think? Do you think this move can break 0.95, or should you pull back first? Let’s chat in the comments 👇 Trade directly by clicking the button below: $DOT
I’ve done two cycles of bull and bear, and I’ve seen too many times where when BTC drops, everyone just kneels. This time DOT stands out, suggesting there’s capital betting on its ecosystem narrative. But I also have to pour some cold water—at the 0.888 level, 0.95 above it is a strong resistance. If it can’t break through, it could be a bull trap.
What do you think? Do you think this move can break 0.95, or should you pull back first? Let’s chat in the comments 👇 Trade directly by clicking the button below: $DOT