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Is the DOGE long crowd dancing on the edge of a cliff—are you daring to follow?
$DOGE /USDT - Short SHORT
Trading plan:
Entry: 0.0721 – 0.0723
SL: 0.0734
TP1: 0.0713
TP2: 0.0707
TP3: 0.0698
Why focus on this structure?
- On the 4-hour timeframe, the bearish signal strength is 95%, and the 1D trend is clearly bearish.
- The current price 0.0722 is right up against EMA resistance; RSI 15m = 58.82 is not overheated, but rebound momentum is insufficient.
- Why now? ATR volatility is low (0.000504). Once it breaks down below 0.0721, the shorts accelerate to TP1 0.0713.
Discussion:
Will this leg first probe TP2 0.0707, or is it a fake breakdown to lure longs? Have you placed your order?