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Everyone is still buying DOGE—but the 4h chart just flashed a 95% short signal.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.08721 – 0.08747
SL: 0.08863
TP1: 0.08637
TP2: 0.08572
TP3: 0.08475
Why this setup?
Why now? RSI on the 15m is at 40.79 (weak bounce), and the 1D trend is bearish. The 4h structure shows a clear break below 0.08734 with TP1 at 0.08637 and TP2 at 0.08572. ATR is tight (0.000539), meaning the squeeze is loading for a fast drop. Entry is armed—no invalid above 0.08777.
Debate:
Is this the start of a cascade to 0.08475, or will bulls defend 0.08721 and trap the shorts?