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Can DOGE bulls really break through this time? 4-hour data has already turned red
$DOGE /USDT - SHORT sell
Trading plan:
Entry: 0.07224 – 0.07240
SL: 0.07307
TP1: 0.07176
TP2: 0.07139
TP3: 0.07083
Why focus on this setup?
- Current 0.07232 is key resistance; the 1D trend is clearly bearish, and the 4H RSI has not shown oversold conditions.
- 95% confidence points to SHORT; EMA lines are clearly suppressing price, making any bounce a good window to short.
- Why not now? Because the trend is your friend—catching tops against the trend has extremely high risk.
Discussion:
For this SHORT move, do you look first for TP1 at 0.07176, or do you go straight with a wick/pin into TP3 at 0.07083?