The Setup (SHORT $DOT):

• Entry Zone: $0.808 – $0.820

• Invalidation / Stop Loss: $0.835

• Target 🎯 1: $0.795

• Target 🎯 2: $0.787

• Target 🎯 3: $0.770

The Market Narrative:

Polkadot (DOT) remains trapped in a persistent downtrend as steady selling pressure continues to crush every minor relief attempt. Buyers are struggling to build sustainable momentum, leaving price action heavily weighted toward a breakdown below local support levels.

The Technical Breakdown:

On the 1-hour chart, $DOT is locked in a clean bearish market structure of lower highs and lower lows after getting rejected at the $0.870 local top. The shallow nature of recent bounces toward $0.820 shows clear buyer exhaustion and heavy overhead distribution from sellers maintaining control.

As price consolidates right above the $0.800 level, any minor push into the $0.808–$0.820 resistance zone offers an optimal high-probability entry for short setups. A decisive breakdown under $0.797 will open the doors for a retest of the baseline support at $0.787 and lower extension toward $0.770, as long as structural invalidation at $0.835 holds.

Do you think $DOT holds the $0.787 support floor, or are we sweeping lower toward $0.750? Let me know your thoughts below! 👇

#cryptotrading $DOT #Polkadot #TechnicalAnalysis

Disclaimer: This is for educational purposes only and is not investment advice. Always do your own research and manage your risk.