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DOGE bulls’ last supper? A precise short entry at 0.07415 has appeared.
$DOGE /USDT - SHORT
Trading plan:
Entry: 0.07403 – 0.07427
SL: 0.07535
TP1: 0.07325
TP2: 0.07265
TP3: 0.07175
Why focus on this structure?
- On the 4H timeframe, the trend is clearly bearish, with a 95% confidence SHORT signal.
- RSI on 15M is only 53.42; rebounds lack strength, and shorts are building momentum.
- 1H ATR is just 0.000499; after volatility tightens, the direction must be chosen—there’s a higher probability of downside.
- Entry at 0.07415, TP1 at 0.07325, TP2 at 0.07265, SL at 0.07535, with a risk-reward ratio of 2.5:1.
Discussion:
In this move, will DOGE first dump to TP2, or will there be a fake breakout to lure longs before it drops? Drop your take in the comments.