DOT drops to 2.04 – the market collapses without any real resistance 🔥💥
DOTUSDT
The currency fell to its lowest levels at 2.04 after a violent decline exceeding -8% in the past hours, establishing a clear break of the price structure without any serious attempts from buyers to restore balance.
So far:
📉 No signs of a recovery to an upward structure
📉 The price continues to record lower highs and lower lows
📉 Liquidity is gradually exiting the market noticeably
The RSI indicator dives into the oversold area at 24, and yet… the MACD continues to show a negative crossover with no hint of reversal.
Simply put: the market is in a state of heavy internal weakness.
Until the price returns above **the area of 2.60 – 2.80**, the trend will remain fully downward, and any attempt to rise is considered just a temporary correction at most.
🔥 Momentum is down
🔥 Sellers are in control
🔥 The overall picture carries no signals of change at the moment
Trend: Strongly bearish
Pair: DOT/USDT
Time frame: 12H
⚠️ This is a technical analysis based on current data, not investment advice. Please do your own research or consult a financial specialist before making any trading decisions.
