๐จ $DOT Faces Strong Selling Pressure โ Will Support Hold?
$DOT is trading around 1.2397 after a sharp decline from its recent high of 1.2835. Sellers have taken control of the short-term trend, and the price is now approaching a critical support area. A confirmed bounce is needed before bullish momentum can return.
๐ข Support: 1.2310 โ 1.2350
๐ด Resistance: 1.2450 โ 1.2515
Holding support could lead to a relief bounce, but a clean breakdown may extend the bearish move. Watch the next 15-minute candles closely. ๐
$DOT is trading around 1.2397 after a sharp decline from its recent high of 1.2835. Sellers have taken control of the short-term trend, and the price is now approaching a critical support area. A confirmed bounce is needed before bullish momentum can return.
๐ข Support: 1.2310 โ 1.2350
๐ด Resistance: 1.2450 โ 1.2515
Holding support could lead to a relief bounce, but a clean breakdown may extend the bearish move. Watch the next 15-minute candles closely. ๐