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DOGE short positions have a 95% win rate – dare to follow?
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.07211 – 0.07245
SL: 0.07394
TP1: 0.07103
TP2: 0.07020
TP3: 0.06896
Why this structure?
- 4H EMA bearish alignment, 1D trend clearly bearish. DOGE's bounce to 0.07228 is a bull trap.
- RSI 15m at 51.94 (neutral zone), no overbought interference, bearish momentum building.
- Key resistance 0.07245, SL at 0.07394, risk-reward ratio over 1:3, TP1 directly at 0.07103.
Discussion:
Will it first hit TP2 at 0.07020, or fake out and bounce?