【$DOGE Signal】Bears continue / 1H weak breakdown

RSI 1H 34.07, multi-timeframe moving averages bearish alignment, EMA20 0.0706 continues to weigh down. The 4H Bollinger Bands are opening downward, and the lower band 0.0690 has already been broken once. The bid ratio dropped sharply from 0.61 to 0.36, depth imbalance -0.13%, and bearish momentum has not shown signs of exhaustion.
🎯 Direction: Short
⚡ Entry/limit orders: 0.0696305 - 0.0698400
🛑 Stop loss: 0.0705384
🚀 Target 1: 0.0687924
🚀 Target 2: 0.0682686
🛡️ Trade management: - Execute strategy: After reaching Target 1, reduce position by 50%, and move the stop loss up to breakeven. If price drops back to the entry level, exit automatically to protect principal.
Volume increased at the end of the 1H session, but the price closed lower; chasing a short should be cautious of a short-term pullback, but the risk-reward ratio of 1.5 is acceptable. The current market sentiment is bearish; the funding rate is 0.0003% flat, and no short squeeze signal has appeared yet.
View live quotes 👇 $DOGE
---
Follow me: Get more real-time crypto market analysis and insights!
#USD1持币生息最高8% #GateCard消费返现最高8% #长鑫开盘跌7.7% $BTC $ETH $SOL