Dot as the whole market reacts with declines

Hello everyone, let's take a look at the DOT to USDT chart on the 1 day time frame as you can see the price is moving under the downtrend line.

Let's start with the line of support and as you can see the first support is $ 7.08, if the support breaks down, the next one is $ 4.56.

Now let's move from the resistance line as you can see the first resistance is $ 7.68, if you can break it the next resistance will be $ 8.46, $ 9.12 and $ 9.79.

Looking at the CHOP indicator, we can see that the energy has been used on the 1-day interval, and the MACD indicator shows a downward trend.