SwallowPremium

Polkadot(DOT): Looking For Short 👀

Short
BYBIT:DOTUSDT.P   DOTUSDT Perpetual Contract
DOT is looking for a good entry to move to lower zones, it seems.

After another touch at 200 EMA, the price has bounced back up but remains in between 100 and 200 EMA.

We are monitoring for market price movement here and any potential correction to upper zones or a potential breakdown from 200EMA.

Swallow Team
Comment:
DOT is slowly moving to the upper resistance, where it is currently trying to secure that 100EMA.

Once we are near that upper zone, we will look for potential downward movement from there!
Comment:
DOT is still moving towards that upper, smaller resistance where we will be looking for a potential rejection to take place!

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