$DOT
My analysis shows that sellers are controlling the market. The chart has a clear sequence of lower highs and lower lows, indicating bearish market structure.
SHORT (Sell), but wait for a pullback and confirmation. I would avoid opening a fresh trade immediately at the current price because it is close to support.
Resistance 2
0.8500–0.8550
Stronger resistance
Resistance 1
0.8400–0.8430
Short-entry zone
Current price
0.8366
Current chart price
Support 1
0.8300–0.8320
Immediate support
Support 2
0.8230–0.8250
Next downside zone
Price retests 0.8400–0.8420.
A bearish rejection candle forms.
30-minute candle closes below the rejection area.
Enter short only after confirmation.
Alternative bullish scenario
Do not short blindly if buyers regain control.
A bullish setup becomes interesting if:
DOT closes above 0.8430 on the 30-minute chart.
Price retests 0.8400–0.8430 successfully.
Buyers produce a strong bullish candle.
Potential upside targets:
0.8500
0.8550
0.8600
SHORT is preferred, but wait for a pullback into 0.8400–0.8420 and bearish confirmation
#HotCPIDecemberHikePriced #DOTAnalysis #AnthropicRejectsIPODelayValuationinQuestion #CoinClub #cryptouniverseofficial
My analysis shows that sellers are controlling the market. The chart has a clear sequence of lower highs and lower lows, indicating bearish market structure.
SHORT (Sell), but wait for a pullback and confirmation. I would avoid opening a fresh trade immediately at the current price because it is close to support.
Resistance 2
0.8500–0.8550
Stronger resistance
Resistance 1
0.8400–0.8430
Short-entry zone
Current price
0.8366
Current chart price
Support 1
0.8300–0.8320
Immediate support
Support 2
0.8230–0.8250
Next downside zone
Price retests 0.8400–0.8420.
A bearish rejection candle forms.
30-minute candle closes below the rejection area.
Enter short only after confirmation.
Alternative bullish scenario
Do not short blindly if buyers regain control.
A bullish setup becomes interesting if:
DOT closes above 0.8430 on the 30-minute chart.
Price retests 0.8400–0.8430 successfully.
Buyers produce a strong bullish candle.
Potential upside targets:
0.8500
0.8550
0.8600
SHORT is preferred, but wait for a pullback into 0.8400–0.8420 and bearish confirmation
#HotCPIDecemberHikePriced #DOTAnalysis #AnthropicRejectsIPODelayValuationinQuestion #CoinClub #cryptouniverseofficial