Alert! DOGE support level is under threat. Are you ready to catch this "waterfall"?

Family, wake up! Don’t get lost in the illusion of yesterday’s rebound anymore!

Today is May 5th, and Dogecoin (DOGE) has now dropped to 0.111. I just stared at the 1-hour chart and the 4-hour chart for a long time, almost breaking out in a cold sweat. Looking at this market, it seems like the main force is retreating, leaving us retail investors confused in the wind.

Why do I insist on being bearish today? There are only these three truths:

1-hour chart (bulls fleeing): The recent attempts at rebound haven’t been able to hold above $0.112$, and there’s a clear volume decline accompanying the drop. The MACD death cross has already appeared, indicating that the last batch of bulls in the short term have surrendered.

4-hour chart (trend deteriorating): The price has broken below the middle band of the Bollinger Bands, which is the “lifeline” of the trend! Plus, the OBV indicator (On-Balance Volume) continues to flow out, showing that big players are quietly offloading.

Plain language explanation: Dogecoin now is like a tired little puppy that has no strength to jump up anymore; gravity is its next destination.

Don’t wait any longer, the opportunity is right at this moment! Let’s go short at market price and let the market tell us who the real hunter is!

DOGE today’s short-selling sniper strategy

Direction: Short (SELL)

Entry point (market price): Open position around 0.111

First take profit (TP1): 0.1099

Second take profit (TP2): 0.1088

Stop loss (SL): 0.1127