Is DOGE long getting a last chance to escape? A 95% short signal has been triggered



$DOGE /USDT - SHORT for shorting

Trading plan:
Entry: 0.07230 – 0.07256
SL: 0.07369
TP1: 0.07149
TP2: 0.07086
TP3: 0.06991

Why focus on this setup?
- The daily trend is clearly bearish. A 4-hour EMA dead cross is suppressing the price at 0.07243
- RSI on the 15-minute chart is 57.37. The bounce has no strength; the shorts are building momentum to break out
- ATR is only 0.000524. After volatility contraction, a direction is bound to break out. The probability of a move downward is 95% right now
- Stop loss at 0.07369, with a reward-to-risk ratio above 1:3

Discussion:
In this move, should we short directly from 0.07243 straight to TP3, or first bounce to hit the stop loss?
DOGE-0.98%
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