Watching $DOT for a potential breakdown
As long as $DOT stays below its SMA25, it looks primed for a move down to the support level of 0.7870
Price trading below SMA7 and SMA25, bearish last candle, high short bias on the chart
A daily close above 0.9080 would invalidate this setup and potentially lead to a trend reversal
Are you shorting this move on $DOT or looking for a bounce off support?
As long as $DOT stays below its SMA25, it looks primed for a move down to the support level of 0.7870
Price trading below SMA7 and SMA25, bearish last candle, high short bias on the chart
A daily close above 0.9080 would invalidate this setup and potentially lead to a trend reversal
Are you shorting this move on $DOT or looking for a bounce off support?