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$DOGE (1h) - Bearish Breakdown Retest
Bias: Short
Entry (Zone): 0.0790 - 0.0794
Targets:
TP1: 0.0782
TP2: 0.0774
TP3: 0.0765
Stop Loss: 0.0806
Why this Setup:
I’m looking to short a weak bounce after the sharp selloff, since price lost momentum below the recent support area and is still printing lower highs. I want a retest into the breakdown zone for continuation lower, with downside targets into the next demand pockets.