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DOGE 4-hour chart hides danger, is the main force luring longs?
$DOGE /USDT - SHORT
Trading Plan:
Entry: 0.07667 – 0.07703
SL: 0.07859
TP1: 0.07555
TP2: 0.07468
TP3: 0.07338
Why focus on this structure?
- 1-day trend clearly bearish, RSI 15m only 55.59, rebound weak.
- Current price 0.07684 hugs EMA resistance, ATR only 0.000723, after volatility narrows, direction must be chosen.
- Why now? 95% confidence SHORT signal triggered, TP1=0.07555, risk/reward ratio exceeds 2:1.
Discussion:
Will this move first hit TP2 0.07468, or fake drop and pull back to 0.078?