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95% win rate for DOGE shorts—are you still going long?
$DOGE /USDT - SHORT
Trading plan:
Entry: 0.07415 – 0.07435
SL: 0.07518
TP1: 0.07355
TP2: 0.07309
TP3: 0.07239
Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish; EMA suppression is obvious, and 0.07425 rebound is a secondary entry point.
- RSI on the 15-minute timeframe is only 54.64; momentum is insufficient, and shorts can push at any time.
- Why now? The key resistance level 0.07425 hasn’t been broken; after consolidation, it will likely move down to TP1 0.07355.
Discussion:
Can TP2 0.07309 be reached, or will it first rebound to lure longs before getting dumped?