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Why DOGE bears just got the green light—most traders missed the 4H breakdown.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.08487 – 0.08529
SL: 0.08712
TP1: 0.08355
TP2: 0.08254
TP3: 0.08101
Why this setup?
4H trend is bearish, RSI on 15M at 38.69 (weak bounce potential). ATR of 0.000848 confirms low volatility squeeze. Entry at 0.08508 with TP1 at 0.08355 gives a 1.8% risk/reward edge before momentum shifts.
Debate:
Is 0.08254 TP2 the real target or a trap before a fakeout reversal?