$DOGE Signal | Bearish continuation, lower band break expected


$DOGE 4H six consecutive bearish candles, selling pressure remains. RSI at 29.66 in oversold territory but buying volume has not increased, MACD histogram still expanding. 1H Bollinger Band lower band around 0.0979 with sparse orders, increased risk of breakdown. Funding rate at 0.0070% is neutral, open interest stable with no signs of short squeeze.
🎯Direction: Short
⚡Entry Range: 0.09914 - 0.09944
🛑Stop Loss: 0.10043
🚀Target 1: 0.09795
🚀Target 2: 0.09720
🛡️Trade Management: Reduce position by 50% upon reaching Target 1, move stop loss to breakeven. If price rebounds above the entry zone, exit automatically.
Current risk-reward ratio is 1.5, space opens after lower band break, but watch for rebound strength after oversold conditions. Strict stop-loss to control risk.
View real-time market 👇 $DOGE
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DOGE3.97%
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