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$DOGE (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.0850 - 0.0853
Targets:
TP1: 0.0842
TP2: 0.0833
TP3: 0.0822
Stop Loss: 0.0862
Why this Setup:
I’m looking for a rejection from the local resistance zone after the bounce lost momentum. The structure is still weak on the higher timeframe, and I want to short any retest that fails to reclaim the recent highs, with room for a clean move back toward the lower support levels.