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Everyone’s still buying DOGE—but the 4h chart just screamed “sell” at 95% confidence.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.08043 – 0.08113
SL: 0.08415
TP1: 0.07825
TP2: 0.07657
TP3: 0.07404
Why this setup?
• Trend 1D is bearish, and RSI on the 15m sits at 44.54—weak momentum, no dip-buying pressure.
• Entry at 0.08078 with a tight SL at 0.08415 means a 4% max loss for a potential 9%+ drop to TP3 at 0.07404.
• Why now? ATR on the 1h is 0.001405—low volatility means a breakout is imminent, and the data favors the downside.
Debate:
If DOGE breaks 0.08043, are you shorting into TP1 or waiting for a fakeout bounce?