$DOT Bearish rejection signals potential downside
Trend: Sell
Entry: $1.2050–$1.2200 Target 1: $1.1700 Target 2: $1.1300 Target 3: $1.0932 Stop loss: $1.2924
The 4-hour chart shows rejection near $1.26–$1.27, followed by a strong bearish candle. Sellers may push the price toward lower support zones if bearish momentum continues.
Confirmation: Preferably wait for a failed retest of the $1.22–$1.23 level before entering. Avoid chasing the price if it has already fallen further.
Sell and trade $DOT
Trend: Sell
Entry: $1.2050–$1.2200 Target 1: $1.1700 Target 2: $1.1300 Target 3: $1.0932 Stop loss: $1.2924
The 4-hour chart shows rejection near $1.26–$1.27, followed by a strong bearish candle. Sellers may push the price toward lower support zones if bearish momentum continues.
Confirmation: Preferably wait for a failed retest of the $1.22–$1.23 level before entering. Avoid chasing the price if it has already fallen further.
Sell and trade $DOT