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DOGE bulls shouldn't celebrate too soon — 4-hour bearish signal confirmed
$DOGE /USDT - SHORT
Trading Plan:
Entry: 0.07371 – 0.07397
SL: 0.07509
TP1: 0.07290
TP2: 0.07227
TP3: 0.07133
Why this setup?
- Current price 0.07384, 1-day trend clearly bearish, EMA bearish alignment
- 15-minute RSI overbought at 66.04, short-term rebound momentum fading, ideal short entry
- ATR volatility 0.000522, targets TP1 0.07290 (-1.3%), TP2 0.07227 (-2.1%)
- Stop loss 0.07509 (only +1.7%), favorable risk-reward ratio
Discussion:
Will this short drop directly to TP2, or rally to trap bulls before dumping?