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DOGE longs are holding on at 0.0714, but the 4-hour EMA has accelerated downward pressure.
$DOGE /USDT - SHORT sell
Trading plan:
Entry: 0.0713 – 0.0715
SL: 0.0726
TP1: 0.0705
TP2: 0.0699
TP3: 0.0690
Why focus on this structure?
Current 15-minute RSI is only 29.35, close to oversold but without bouncing back, indicating bearish momentum has not exhausted. The 1-hour ATR is just 0.000509, with low volatility; once 0.0713 support breaks, it will likely accelerate toward TP1 0.0705. The trend is bearish on the 1-day timeframe—going SHORT—with 95% confidence. Now the entry certainty is extremely high.
Discussion:
Will this move reach TP2 0.0699 first, or will it fake a breakout and bounce up to hit the 0.0726 stop loss?