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Everyone’s buying DOGE at 0.08844 – I’m watching the trap set for them.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.08826 – 0.08862
SL: 0.09014
TP1: 0.08716
TP2: 0.08631
TP3: 0.08503
Why this setup?
95% confidence SHORT based on 4h MTF. Trend 1D is bearish. RSI 15m at 58 shows a dead-cat bounce losing steam. ATR 0.00071 on 1h means volatility is low, but the real squeeze is downward. Entry at 0.08844 targets TP1 0.08716, TP2 0.08631, TP3 0.08503. Why now? Price is rejecting the high of the range with daily bearish structure intact.
Debate:
Are you shorting into the 0.08631 TP2 or buying the dip for a fakeout?