$DOT
The market is looking weak today. DOT is at 1.13, down 2.1%, but there’s decent buying support. It’s grinding sideways on lower volume, and no one seems willing to dump at this level. I’m testing a short with a small position at 1.13; if I’m wrong, I’ll cut it at 1.17. If I’m right, I’ll take profit in stages at 1.08. Bottoming out on lower volume is healthier than a high-volume crash. #DOT #Market Analysis
The market is looking weak today. DOT is at 1.13, down 2.1%, but there’s decent buying support. It’s grinding sideways on lower volume, and no one seems willing to dump at this level. I’m testing a short with a small position at 1.13; if I’m wrong, I’ll cut it at 1.17. If I’m right, I’ll take profit in stages at 1.08. Bottoming out on lower volume is healthier than a high-volume crash. #DOT #Market Analysis