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Most traders are still buying DOGE—here’s why the 4h chart says they’re wrong.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.08341 – 0.08391
SL: 0.08609
TP1: 0.08183
TP2: 0.08062
TP3: 0.07879
Why this setup?
95% confidence in a SHORT setup. Daily trend is bearish, RSI on 15m sits at 42.12—no oversold relief yet. Entry at 0.08366 with TP1 at 0.08183 gives a 2.2% risk/reward in your favor. Why now? ATR shows tight volatility (0.001014), meaning the breakout is loading.
Debate:
Are you scaling into shorts at 0.08366 or waiting for a retest of 0.08391?