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DOGE bulls’ last line of defense broken?
$DOGE /USDT - Short SHORT
Trading plan:
Entry: 0.07321 – 0.07347
SL: 0.07458
TP1: 0.07241
TP2: 0.07179
TP3: 0.07085
Why focus on this setup?
- 4-hour SHORT signal, 95% high confidence, the trend for 1 day is clearly bearish.
- Current price 0.07334, RSI on 15m is only 42.22, momentum is weak.
- Why now? EMA is capping; if it breaks below 0.07321, it will accelerate toward TP1 0.07241.
- Risk of a long squeeze: a bounce to around 0.07347 could be a fake breakout, but SL 0.07458 will confirm the bearish logic.
Discussion:
Will this drop first reach TP2 0.07179, or will it fake-break down and then rebound?