$DOT dipped below 1.00 today for the first time in this move. Psychological levels like this get defended or they get destroyed ⚠️
Structure (4H):
• Fresh low: 0.977 today, the lowest print in 17 days
• Lower highs: 1.047 → 1.036
• Price 1.004, back above 1.00 for now
• Below EMA 20 (1.026) and EMA 50 (1.070)
• Down 13.2% on the week
RSI 38. Weak but not yet oversold, so there's room for more downside if 1.00 fails.
Levels for $DOT :
🟢 Reclaim 1.036 (last lower high) → first sign of a turn, 1.07 (EMA 50) next
🔴 4H close below 0.977 → 0.95 is the next stop
A wick below 1.00 that closes back above is bullish. A full-body close below 0.977 is not.
Accumulating $DOT under 1 dollar or staying away? 👇
NFA
#Polkadot #Altcoins #TradingSignals
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Structure (4H):
• Fresh low: 0.977 today, the lowest print in 17 days
• Lower highs: 1.047 → 1.036
• Price 1.004, back above 1.00 for now
• Below EMA 20 (1.026) and EMA 50 (1.070)
• Down 13.2% on the week
RSI 38. Weak but not yet oversold, so there's room for more downside if 1.00 fails.
Levels for $DOT :
🟢 Reclaim 1.036 (last lower high) → first sign of a turn, 1.07 (EMA 50) next
🔴 4H close below 0.977 → 0.95 is the next stop
A wick below 1.00 that closes back above is bullish. A full-body close below 0.977 is not.
Accumulating $DOT under 1 dollar or staying away? 👇
NFA
#Polkadot #Altcoins #TradingSignals
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance