【$DOGE Signal】Bearish dominance, 1H Bollinger lower band faces a potential break

$DOGE Buyers are discounted by 13.3%, 1H MACD histogram continues to expand, bearish momentum shows no signs of weakening. The 4H Bollinger lower band at 0.0867 is close, and the price has tested this support three times. Selling pressure is intense, rebound is weak. RSI on 1H is at 30, oversold but not signaling a reversal, more like weak consolidation. For this continuous downward trend, short position with a risk-reward ratio of 1.5, stop loss above the 4H EMA20 at 0.09143, target at 0.08055. If it breaks below 0.0867, the decline will accelerate.

🎯Direction: short

⚡Entry/Order: 0.08682 - 0.08708

🛑Stop loss: 0.09143

🚀Target 1: 0.080555

🚀Target 2: 0.0772925

🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to break-even. If the price rebounds above the entry zone, wait for further confirmation.

View real-time market 👇 $DOGE
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