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Are DOGE bulls still stubbornly holding on? 4-hour shorts are armed to the teeth.
$DOGE /USDT - SHORT
Trading Plan:
Entry: 0.07449 – 0.07485
SL: 0.07643
TP1: 0.07335
TP2: 0.07247
TP3: 0.07115
Why pay attention to this structure?
- 4H short signal with 95% confidence; RSI 15M has dropped to 22.17 in the oversold zone, but the daily trend is clearly bearish.
- The current price is 0.07467, closely pressing against EMA resistance; weak rebounds will accelerate the drop.
- First target TP1: 0.07335, second target TP2: 0.07247, stop loss: 0.07643.
- Why now? An oversold bounce is a bull trap—the short momentum hasn’t been fully released.
Discussion:
Will this wave first reach TP2 and then bounce, or will it directly spike to trap bulls and liquidate shorts?