🔴 DOT - WHAT IF WE CLOSE BELOW THIS LINE?

Looking at the DOT weekly chart, there's a clear range based on closing prices that we are trading in in the last 14 weeks. I'm watching the lower red line here because we haven't seen a weekly close below it in this time frame -- in fact, the last weekly close below this line was in December 2020. I doesn't necessarily mean that we drop hard if we do close below because of all of the wicks, but nevertheless I don't think this would be a good sign for DOT.