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Is DOGE’s long side still chasing higher prices? 4-hour shorts are already set—95% win rate
$DOGE /USDT - SHORT
Trading plan:
Entry: 0.07327 – 0.07349
SL: 0.07443
TP1: 0.07259
TP2: 0.07206
TP3: 0.07127
Why focus on this setup?
- On the 4-hour chart, the EMA moving averages are arranged bearish, and the 1-day trend is clearly moving downward.
- RSI on the 15-minute chart is 61.73; the short-term rebound is weak and near the overbought zone.
- ATR is only 0.000439; volatility is tightening, so the chance of breaking above the prior high is low.
- Current price is 0.07338. Place a direct SHORT: TP1=0.07259, TP3=0.07127, SL=0.07443.
Discussion:
Will this move hit TP2 first or trigger the SL? What do you think of the DOGE bull trap?