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Most traders just bought DOGE at the top—here’s why the 4H chart says they’re already trapped.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.07450 – 0.07488
SL: 0.07655
TP1: 0.07330
TP2: 0.07237
TP3: 0.07097
Why this setup?
Bearish 1D trend with 95% SHORT confidence on the 4H timeframe. RSI at 59 on 15M shows fading momentum, while entry zone at 0.07450–0.07488 aligns with resistance. ATR at 0.000775 suggests a sharp move—short targets TP1 0.07330 and TP2 0.07237 are within reach before the weekend.
Debate:
Are you shorting DOGE at 0.07469 or waiting for a bounce to invalidate at 0.07541?