DOGE longs, don’t rush—this 4H candle might just be a bull trap to lure in buyers.



$DOGE /USDT - Sell SHORT

Trading plan:
Entry: 0.07273 – 0.07299
SL: 0.07408
TP1: 0.07194
TP2: 0.07133
TP3: 0.07041

Why focus on this structure?
- RSI on 15M has dropped to 24.47, already in an oversold zone; rebounds may be limited, but the 1D trend is clearly bearish.
- The current price at 0.07286 is sitting right under EMA pressure; if it can’t hold above 0.073, the shorts will push again.
- Why now? The bearish setup at the 4H level is complete, and ATR at 0.00051 suggests volatility amplification may be imminent—chasing higher is far riskier than the potential upside of shorting.

Discussion:
Will this move reach TP2 at 0.07133 first, or will it lure longs higher and bounce back to 0.074? Drop your take in the comments.
DOGE-2.00%
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