#DOTUSDT📉📉📉 $DOT
Currently Dot is trading at 5.4$, showing signs of weakness after forming reversal pattern at recent high. At 5.55$, A bearish engulfing candle emerged near the a1000x key level, signaling the potential downside.
The reason behind falling is that there is a critical level at 4.87$(a1000x key level). This level is critical as it aligns with the broader market's requirement to test significant support before any substantial upward movement.
Potential Upside peak is 5.90
While short term move towards $5.9 is still possible, the overall trend suggests bearish trajectory towards 4.87$.