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DOGE Short Signal 95% Confidence, Who Dares to Catch the Falling Knife?
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.0752 – 0.0756
SL: 0.0771
TP1: 0.0741
TP2: 0.0733
TP3: 0.0720
Why Focus on This Structure?
- The daily trend is clearly bearish, confirmed by the 4H timeframe in the SHORT direction.
- Current price at 0.0754 is hugging the resistance zone; RSI on the 15m is at 58, not overbought—any bounce is an entry point.
- Entry at 0.0754, TP1 at 0.0741, stop loss at 0.0771, with a risk-reward ratio above 2:1.
- If the price breaks above 0.0765, the signal becomes invalid, but the probability is only 5%.
Discussion:
Will this short move first hit TP1 and then consolidate, or drop straight through 0.0733?