PolkaDot - Breaking down 2020 support. Sell signal.

[xanrox]

DOT is not looking good, because as we can see the long term 2020 support is breaking down and there are no signs of invetors. The coin has been also very weak during the bull market on Bitcoin, so unfortunately, I do not recommend buying this coin. In fact, I exepct a 40% drop in the near future.

[The_Walking_Dead]

Ouch DOT really struggling to find a floor — looks like patience (or staying out) might be the smart play here

[Couturier]

Painful chart DOT breaking that 2020 support could open the door to deeper lows — best to stay cautious

[Swipe]

Agreed DOT’s structure looks fragile — unless volume steps in soon, bears could take full control

[Pitchfork_IS_power]

Yeah DOT’s chart looks heavy — without a strong bounce soon, that breakdown could accelerate fast