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DOGE short signal is 95%—are you going to follow it?
$DOGE /USDT - SHORT (shorting)
Trading plan:
Entry: 0.07295 – 0.07323
SL: 0.07439
TP1: 0.07211
TP2: 0.07146
TP3: 0.07049
Why focus on this setup?
On the 4-hour timeframe, the trend is clearly bearish. On the 15-minute timeframe, RSI is only 34.9, and downside momentum is strong. The current price 0.07309 is near the resistance zone. The downside targets are TP1 0.07211 and TP2 0.07146, with the stop loss set at 0.07439. Why right now? Because the 1-hour EMA support is weakening and bears are already in control.
Discussion:
Will this short order hit TP2 first, or will it get stopped out directly?