DOTUSDT likely heading down for daily support around 5.55

The price has close below the weekly support which is not a good sign. It might reclaim it this week if it is still bullish but from probability point of view the price seems to be going lower from here. I expect the price to reach to the next weekly support which is sitting around 4.5 zone but there is a daily support in between which may hold the price. Therefore, let us focus on the daily support as a target first and then reevaluate the weekly support target. The daily support is sitting around 5.55.