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Everyone is bullish on DOGE, but the 4h chart just screamed SHORT at 95% confidence.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.07206 – 0.07242
SL: 0.07395
TP1: 0.07095
TP2: 0.07010
TP3: 0.06881
Why this setup?
- RSI on 15m is at 61.79—not yet overbought, but the daily trend is bearish and we’re sitting exactly at the 1h pivot resistance (0.07224).
- ATR of 0.000714 on 1h means tight range—break below 0.07206 triggers a fast drop to TP1 (0.07095) and TP2 (0.07010).
- Why now? The “Waiting” status means price is at the edge; if it rejects here, the shorts stack up fast.
Debate:
Will DOGE fake a breakout above 0.07242 first, or dump straight to 0.07095? Where’s your stop?