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DOGE bulls fake a move around 0.07525—are the bears immediately closing the net?
$DOGE /USDT - SHORT
Trading plan:
Entry: 0.07515 – 0.07535
SL: 0.07618
TP1: 0.07455
TP2: 0.07409
TP3: 0.07339
Why focus on this setup?
- The 1D trend is clearly bearish; the 4h signal points to SHORT—95% confidence isn’t just for show.
- Around 0.07525, RSI on 15m = 57; rebounds lack strength—this is the entry window.
- Downside targets: TP1 = 0.07455, TP2 = 0.07409; the risk-reward ratio is close to 3:1. SL set at 0.07618, risk is controllable.
- Why now? EMA suppression + declining volume—an anti-bull trap structure has appeared.
Discussion:
Will this push first hit TP2, or is it a bull trap? Drop your levels in the comments.