Technical analysis by CryptoSheykh about Symbol DOT: Sell recommendation (4/13/2025)

🔴 DOT/USDT – Approaching Key Short ZonePolkadot (DOT) has formed a rising wedge after rebounding from local lows. Price is now facing a critical short zone near 3.897 – 3.985, where sellers may step in if DOT cannot sustain upward momentum.Chart Formation: The rising wedge often indicates potential bullish exhaustion; a break below wedge support confirms a bearish bias.Volume Consideration: Look for a surge in sell volume near entry levels to validate a short entry.🔴 Short Position DOT/USDT🎲 Entry LevelsEntry 1: 3.897Entry 2: 3.985✅ Take-Profit TargetsTP1: 3.798TP2: 3.648TP3: 3.472TP4: 3.256 (extended downside if momentum persists)❌ Invalidation Level: 4.131+(A strong close above 4.00+ invalidates the short setup.)🧠 Narrative: This wedge suggests a potential bearish retest if DOT fails to break higher. A rejection at 3.89 – 3.98 may send price to lower supports.Market Context: Overall market sentiment and Bitcoin’s trend can influence DOT’s movement; a strong BTC rally could negate this setup.⚠️ Risk Management: Place stops just above 4.131+, size positions carefully, and stay flexible if price action indicates continued strength above the wedge."Take Care of Risk Management for Your Account"