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Everyone is still buying DOGE—but the 4H chart just screamed “SHORT” with 95% confidence.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.08437 – 0.08495
SL: 0.08740
TP1: 0.08260
TP2: 0.08123
TP3: 0.07917
Why this setup?
- RSI on 15M hit 72.9 (overbought) while daily trend remains bearish.
- Entry zone at 0.08466 with tight SL at 0.08740—risk defined, reward asymmetrical.
- TP1 at 0.08260, TP2 at 0.08123—3.5%+ downside before any bounce.
- Why now? Overbought squeeze on a bearish daily = classic trap setup.
Debate:
Are you shorting DOGE here or waiting for a retest of 0.086 before pulling the trigger?