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DOGE shorts are gathering power at 95%—will this break down through 0.07 this time?
$DOGE /USDT - Go SHORT
Trading plan:
Entry: 0.07211 – 0.07233
SL: 0.07332
TP1: 0.07139
TP2: 0.07084
TP3: 0.07002
Why focus on this structure?
- The 4-hour timeframe is clearly directional: SHORT, confidence 95%, and the 1-day trend remains bearish.
- The key entry level is 0.07222, right under EMA pressure; the 15m RSI is only 56.76, not overbought, so the shorts still have room.
- We’re currently waiting for the trigger. TP1 0.07139, TP2 0.07084, stop-loss 0.07332, with a reasonable risk-reward ratio.
- Why now? The trend hasn’t reversed; bearish momentum is building, and the probability of breaking the prior low is high before any breakout.
Discussion:
Will this short trade reach TP2 first, or will it be a short squeeze pullback to 0.073?