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DOGE Short Alert: Are the whales placing orders at 0.075 to lure longs?
$DOGE /USDT - SHORT
Trading Plan:
Entry: 0.07467 – 0.07501
SL: 0.07644
TP1: 0.07364
TP2: 0.07284
TP3: 0.07164
Why focus on this structure?
- The 4H cycle direction is clear: SHORT, 95% confidence, with the 1D trend still bearish.
- Current price is 0.07484, hovering near the EMA resistance level; the 15-minute RSI is only 46.8, and momentum is weak.
- Key resistance is 0.07651—if it breaks out, the setup is invalidated. TP1 is below at 0.07364, TP2 at 0.07284.
- Why now? The 1H ATR is only 0.000667. When volatility contracts, it often comes with a directional breakout, and short-side odds are optimal.
Discussion:
Do you think DOGE will first dump to TP2 (0.07284), or will the whales squeeze the shorts to 0.076?