🔥 $DOT — Longs Under Pressure!
🔴 Long Liquidation: $9.8765K at $0.99604
Selling pressure is heating up for $DOT after nearly $9.9K in long positions were liquidated. Buyers must regain control to prevent further weakness, while traders watch for a potential rebound or another bearish leg.
📍 Support: $0.98–$0.96
🚧 Resistance: $1.02–$1.05
🎯 Next Targets: $1.02 → $1.05 → $1.08
💡 Pro Tip: Watch for a confirmed bounce at support or a breakout above resistance. Avoid entering on liquidation data alone.
Stay disciplined, protect your capital, and trade the setup.
⚠️ Not financial advice. DYOR.
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