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DOGE dead cat bounce? 4-hour bearish signal locked in!
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.07378 – 0.07404
SL: 0.07517
TP1: 0.07297
TP2: 0.07234
TP3: 0.07139
Why this setup?
- DOGE currently at 0.07391, 1D trend clearly bearish, 15-min RSI at 67.33 already in overbought territory.
- Short with 95% high confidence, entry 0.07391, TP1 0.07297, TP2 0.07234, SL 0.07517.
- Why now? RSI high + 4-hour EMA resistance, bounces are short-add windows.
Discussion:
Will it first reach TP2, or fakeout to hit SL before dropping? Where is your stop loss?