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DOGE bulls beware—4-hour timeframe signal has reversed.
$DOGE /USDT - SHORT (sell)
Trading plan:
Entry: 0.07336 – 0.07358
SL: 0.07448
TP1: 0.07271
TP2: 0.07221
TP3: 0.07145
Why pay attention to this setup?
- The 1-day trend is clearly bearish; the 15-minute RSI at 63.69 is close to overbought, and the rebound momentum is weakening.
- The current price 0.07347 is sitting right on EMA resistance. The entry zone is 0.07336-0.07358, with SL at only 0.07448—risk is controllable.
- Targets TP1 0.07271 and TP2 0.07221; the risk-reward ratio is above 2:1—why not enter now?
Discussion:
Will this SHORT hit TP2 first, or will it be a bear trap and rebound break the stop-loss?