Is DOGE’s rebound just bull-trap? On the 4-hour timeframe, shorts have already set up.



$DOGE /USDT - SHORT

Trading plan:
Entry: 0.07213 – 0.07231
SL: 0.07305
TP1: 0.07160
TP2: 0.07118
TP3: 0.07056

Why focus on this structure?
- EMA/RSI data: 15-minute RSI is only 50.6, showing weak momentum, and the 1-hour EMA has not broken through the 0.07222 resistance.
- Why now? The 1D trend is clearly bearish, and a SHORT signal with 95% confidence has already triggered. The entry reference is 0.07222, with TP1 below at 0.07160.
- If it breaks 0.07213, shorts will accelerate, targeting TP2 at 0.07118.

Discussion:
Will this move hit TP2 first and then rebound, or will it directly bull-trap to liquidate the shorts?
DOGE-0.78%
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