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DOGE is about to break down—95% win-rate short positions are locked
$DOGE /USDT - SHORT sell
Trading plan:
Entry: 0.07263 – 0.07289
SL: 0.07397
TP1: 0.07185
TP2: 0.07125
TP3: 0.07034
Why focus on this structure?
- The 4-hour trend is clearly bearish; the 15-minute RSI is only 33.66—oversold, but with no rebound signs.
- The current price is 0.07276, trading just below the EMA, with strong bearish momentum.
- TP1 is 0.07185, TP2 is 0.07125, stop-loss is 0.07397, with a risk-reward ratio above 2:1.
Discussion:
Do you think DOGE will drop straight to TP2, or will it first bounce to lure longs before falling?