Technical analysis by SILICIDE about Symbol DOT: Sell recommendation (8/20/2025)

DOTUSD has recently completed a head and shoulders formation, a bearish chart pattern that often signals further downside. After the breakdown, price retested the neckline, which has now acted as resistance. From here, DOT is likely to continue lower, with potential downside targets at $3.55 and $3.45. These levels may provide the next areas of support. Let’s see how price action develops around these zones to confirm the bearish momentum.