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DOGE short signals 95% — has the baiting-for-long trap been set up?
$DOGE /USDT - short SHORT
Trading plan:
Entry: 0.07429 – 0.07453
SL: 0.07553
TP1: 0.07357
TP2: 0.07301
TP3: 0.07217
Why focus on this structure?
- On the 4H timeframe, the trend is clearly bearish; the EMA bearish alignment is suppressing the price.
- RSI on 15M is 58.23; the rebound hasn’t turned the trend—it's still within the short zone.
- The current 0.07441 is the second entry point; TP1 is 0.07357, and the risk-reward is attractive.
- Why now? The 1D bear structure hasn’t been broken; the rebound is the point to add to the short.
Discussion:
Will this move first dump to TP2 0.07301, or will it fake a breakdown and then rebound? Would you dare to place a sell-short order?