DOTUSDT is Bearish

11 בדצמ׳ 2023

DOTUSDT seems have to have exhausted its bullish rally, after the formation of rising wedge on the top coupled with divergence on RSI. It failed to print a new higher high and instead printed a lower high. It also broke the previous higher low which is a good signal that a bearish rally could start from here. Targets are mentioned on the chart.