$DOGE Signal] Bearish continuation, 1H lower support in danger


$DOGE RSI 1H 44.76, 4H 34.32 continuing to bottom. MACD 4H bearish bars shrinking but not turning bullish, 1H bullish momentum fading. Bollinger 1H lower band 0.0729 is imminent, continuous sell pressure.

🎯Direction: short

⚡Entry/Limit Order: 0.0735985 - 0.0738200

🛑Stop Loss: 0.0745582

🚀Target 1: 0.0727127

🚀Target 2: 0.0721591

🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price drops back to entry, exit automatically to protect capital.

Funding rate 0.01% is relatively high, short holding cost low, probability of continued decline high. Bid/Ask Ratio 1.06 shows buy side slightly thicker but price continuously falling, support orders being absorbed. Objectively, risk/reward is decent, downside opened up.
View real-time quote 👇 $DOGE
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