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DOGE 0.0723 short position set—95% win rate, do you dare to follow?
$DOGE /USDT - SHORT sell
Trading plan:
Entry: 0.0722 – 0.0724
SL: 0.0732
TP1: 0.0716
TP2: 0.0712
TP3: 0.0705
Why focus on this setup?
- 4-hour timeframe bearish trend confirmed, 1D bearish pressure is obvious.
- RSI (15m) = 42.15, not oversold, with plenty of downside momentum.
- Current price 0.0723, right at the EMA resistance—this is the entry timing.
- Target TP1 0.0716, TP2 0.0712, stop loss 0.0732, excellent risk-reward.
Discussion:
For this short, will it hit TP2 first, or will it fake a breakout to lure longs and then rebound to sweep the stop loss?