Yello, Paradisers! Is #DOT about to hit new yearly lows? The structure is getting ugly again—don’t get caught off guard as this setup is starting to turn dangerous fast.
After a brief and weak corrective bounce, DOTUSDT is once again losing steam. The price has already broken down from a descending triangle—a bearish continuation pattern—and is now threatening to breach its key ascending support level. Momentum is shifting aggressively back in favor of the bears.
#DOTUSDT is now hanging to the critical $3.90 support level. A decisive breakdown below this zone would likely trigger another wave of selling pressure, opening the door for a drop toward the next moderate support range at $3.72 to $3.65. While this area could attract some short-term profit-taking, the broader trend remains clearly vulnerable, with bearish momentum continuing to dominate.
Should bearish pressure continue, and it’s highly likely at this stage that DOT could fall all the way toward the stronger support zone between $3.40 and $3.35. This region marks the 52-week low, and it’s where bulls might step in to defend and attempt a meaningful rebound.
Additionally, the 2-hour EMA-200 has shown itself to be a strong trend guide. Every time DOT traded above it, bulls had a slight edge. But now that price has once again broken below this moving average, momentum is back with the bears.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
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