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Everyone is still buying DOGE at 0.0838—but the 4h chart just flashed a 95% SHORT signal.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.0836 – 0.0840
SL: 0.0858
TP1: 0.0823
TP2: 0.0813
TP3: 0.0797
Why this setup?
Why now? The 15m RSI is already oversold at 29.3, yet the 1D trend remains bearish. This isn't a reversal—it's a dead cat bounce trap. With ATR at 0.000849 on the 1h, volatility is shrinking, meaning the next move is a breakdown, not a breakout. Entry is tight at 0.0836-0.0840, targeting TP1 at 0.0823.
Debate:
Are you shorting this dip or waiting for a reclaim above 0.0858?