Bearish Structure with Potential Bounce on $DOT /USDT …! Key Support in Focus

Short $DOT /USDT

Entry: 1.268 – 1.272

SL: 1.305

TP1: 1.252

TP2: 1.230

TP3: 1.209

TP4: 1.180

Price remains in a bearish structure, trading in the lower half of the Bollinger Bands while sellers continue to dominate the trend. RSI near 33 reflects weak momentum, though early bullish divergence on MACD hints at a possible short-term bounce.

The 1.252 level is a critical support — failure to hold this zone could trigger accelerated downside toward lower levels. Any relief bounce toward 1.27–1.30 resistance is likely to face selling pressure unless a strong reclaim occurs.

Overall structure favors downside continuation, with short setups preferred while price remains below resistance.

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DOT
DOT
1.268
+0.07%