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#DOTUSDT – Potential Reversal 👀📈
On the daily timeframe, #DOT shows weakness in downward momentum, with the price consolidating and not making new lower lows.
The stock now forms the right shoulder of a potential inverse head and shoulders pattern, a classic reversal pattern, with a possible move upward toward the neckline at $2.4.
Alert: A daily close below $1.85 will invalidate this pattern ⚠️
$DOT