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DOGE bulls’ last escape window?
$DOGE /USDT - Sell SHORT
Trading plan:
Entry: 0.07414 – 0.07440
SL: 0.07550
TP1: 0.07334
TP2: 0.07273
TP3: 0.07180
Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish; the 1-day chart is suppressing in a bear market.
- Around 0.07427, there is EMA resistance + RSI 15m at 58.73, neutral but slightly weak.
- Why now? 0.07428 has already triggered the invalidation level; if it breaks below 0.07414, the shorts will go straight for TP1 at 0.07334.
- Risk-reward ratio is above 1:3, with SL set at 0.07550.
Discussion:
Will this move first tag TP3 at 0.07180, or will it fake a breakdown and then rebound?