DOT early trading gains were pared back, ultimately falling 3.3%, underperforming the broader market. After failing to break through $2.26, the price dropped sharply, breaking multiple support levels. Increased trading volume indicates institutional investors are selling. Currently, the technical outlook is bearish, with immediate resistance at $2.19 and key support in the $2.14-$2.15 range.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
DOT early trading gains were pared back, ultimately falling 3.3%, underperforming the broader market. After failing to break through $2.26, the price dropped sharply, breaking multiple support levels. Increased trading volume indicates institutional investors are selling. Currently, the technical outlook is bearish, with immediate resistance at $2.19 and key support in the $2.14-$2.15 range.