DOGE 4-hour RSI dropped to 22.83—bottom-fishing signal or trap?



$DOGE /USDT - LONG

Trading Plan:
Entry: 0.07257 – 0.07293
SL: 0.07045
TP1: 0.07448
TP2: 0.07563
TP3: 0.07736

Why focus on this structure?
- The 15-minute RSI is oversold at 22.83, short-term rebound momentum building up.
- 4-hour LONG signal with 84% high confidence, entry reference at 0.07275.
- Daily chart still bearish, but the probability of a rebound in the oversold zone is higher than chasing shorts. TP1 0.07448, TP2 0.07563.
- Why now? Extreme RSI value + zone bottom support, risk-reward ratio better than chasing uptrends.

Discussion:
Will this first bounce to TP2, or is it a fakeout before further breakdown?
DOGE-4.33%
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