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Technical analysis by SwallowAcademy about Symbol DOT: Sell recommendation (4/29/2025)

https://sahmeto.com/message/3463865
SwallowAcademy
SwallowAcademy
Rank: 30684
1.2

Polkadot (DOT): Seeing Good Shorting Entry

Sell
Price at Publish Time:
$4.22
Sell،Technical،SwallowAcademy

Polkadot is showing a decent entry forming where price has been pressuring the upper side of the bullish trend and even formed a nice fakeout above it. We are looking for further weakness to kick in where price will fall back to bullish trends support line from where we might be heading toward the resistance zone. After that we will be looking for bigger downward movement.Swallow Academy

Source Message: TradingView
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