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DOGE longs’ last self-boost—there’s a 95% chance it will dump.
$DOGE /USDT - Sell short SHORT
Trading plan:
Entry: 0.07454 – 0.07484
SL: 0.07613
TP1: 0.07361
TP2: 0.07288
TP3: 0.07180
Why focus on this setup?
- The 1D trend is clearly bearish. The 4-hour EMA suppression is obvious. Right now, 0.07469 is the bears’ territory.
- RSI on the 15-minute timeframe is 56.45. The rebound momentum has already faded—this is exactly the SHORT entry window.
- TP1 is at 0.07361, TP2 at 0.07288. Stop loss is 0.07613. Risk-reward is 3:1. If you’re not entering now, when will you?
Discussion:
Do you think this move will first hit TP2 and break through 0.072, or is it a bull trap that squeezes and blows up the shorts? Drop your take in the comments.