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DOGE bulls’ last escape window?
$DOGE /USDT - SHORT (short position)
Trading plan:
Entry: 0.07390 – 0.07418
SL: 0.07537
TP1: 0.07304
TP2: 0.07237
TP3: 0.07137
Why focus on this structure?
- 4H confirms the bearish trend, 1D bearish pressure suppresses; any rebound is likely to lure longs.
- RSI on 15m is only 48.38, momentum is fading; EMA below at 0.07404 acts as a hard resistance.
- ATR on 1h is just 0.000556; volatility is tightening. Once it breaks 0.07390, it will accelerate the drop toward TP1 0.07304.
Discussion:
Do you think DOGE will fake a breakout around 0.07404 to lure longs, or will it go straight with a spike to TP2?