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Most people are looking at the 60% drop on the yearly chart while missing the shift happening right under their noses.
$DOT has been bleeding out for weeks, but check that bounce off the $1.147 level. We just printed a higher low on the daily, and for the first time in a while, the buyers are actually showing up to defend this range.
The $1.30 resistance is the big wall we need to scale. We touched it and pulled back slightly, but the selling pressure isn't nearly as aggressive as it was back in March. The order book is looking heavy on the big side at $1.26 too.
If we can consolidate here and flip $1.35 into support, things could get interesting very quickly. It’s a boring grind right now, but that’s usually when the best entries happen.
I’m keeping a close eye on the volume. If it spikes on the next green candle, I'm expecting a move back toward the $1.46 area. Slow and steady wins this one
#WCTCTradingChallengeShare8MUSDT