Is this the last escape opportunity for DOGE longs?



$DOGE /USDT - Short

Trading Plan:
Entry: 0.07500 – 0.07536
SL: 0.07695
TP1: 0.07385
TP2: 0.07297
TP3: 0.07164

Why focus on this structure?
- Clear bearish on the 4H timeframe, 1D trend is bearish, RSI on 15m has dropped to 28.92, severely oversold, but the rebound is weak.
- Current price 0.07518, tightly under EMA resistance, bearish momentum has not been fully released.
- ATR is only 0.000738, volatility contraction is often followed by accelerated decline, TP1 0.07385 is in sight.
- Why now? Because the weak rebound after oversold is the golden window to add to SHORT positions, not a time to buy the dip.

Discussion:
Will this wave first reach 0.07385, or directly spike to TP3 0.07164? Where is your stop loss set?
DOGE-2.47%
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612Ceros
· 1h ago
Entering a short order in this zone is also reasonable, but with oversold RSI at 28, be careful of a slight bounce before further decline. I set SL at 0.0775 for safety.
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