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$DOGE Currently around 0.09292 USDT. Today has already gained +1.76%.
I'm not focusing on the rise or fall, but whether this position is worth touching.
In the short term, I still lean towards bearish. $DOGE
At this level, I will first look at these points:
First, high-level divergence is starting to widen, making it easier for a short-term shakeout.
Next, this wave of rally looks more like an emotional surge, and the follow-through hasn't caught up yet.
Additionally, the active buying is not decisive enough, and there's still a lack of momentum for an upward breakout.
I prefer to view it with this logic:
Top scan for high waterfall short / Rebound false breakout then second waterfall short / Break support and chase short
Suggested entry price: 0.093623 USDT
Estimated target price: 0.088050 USDT
Stop-loss reference: 0.095852 USDT
Invalidation condition: 5-minute recovery resistance / 15-minute recovery sweep height
Profit and loss ratio reference: 2.50R
Understand before acting; it's more important than forcing a trade.