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DOGE’s party over? This 4-hour EMA death cross has a 95% probability of a sell-off
$DOGE /USDT - SHORT sell
Trading plan:
Entry: 0.07374 – 0.07400
SL: 0.07510
TP1: 0.07295
TP2: 0.07233
TP3: 0.07141
Why focus on this setup?
- RSI 15m has reached 74.73, in the overbought zone; the 1D trend is clearly bearish, with a clear long exhaustion signal.
- The current price is 0.07387, right under the 4-hour EMA, and ATR is only 0.000513—after volatility contraction, an explosion is imminent.
- Why now? Because 0.07406 has confirmed resistance being effective; the SHORT entry point is precisely at 0.07387, with TP1 directly at 0.07295.
Discussion:
Will this move first wick into TP2 and then bounce, or drop straight down to 0.07141? Did you place your order?