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$DOGE Short 75x Resistance Holding as Expected
DOGE is currently facing rejection within the 0.09087 0.09113 range. Based on this, I’ve opened a 75x isolated short position in this zone.
Trade Plan:
Entry: 0.09087 0.09113
TP1: 0.09023 (R:R 1:1.0)
TP2: 0.08997 (R:R 1:1.3)
TP3: 0.08945 (R:R 1:2.0)
Stop Loss: 0.09178
Rationale:
The 4-hour structure remains bearish, and the daily trend continues to lean downward as price reacts near the 0.09100 resistance zone.
On the 15-minute timeframe, RSI sits at 55, leaving room for further downside movement.
Volume on the 15 minute chart is elevated at 0.77x, with 11.84M traded against an expected 15.34M supporting the presence of selling pressure.
My setup is clear execution is up to you.
Trade below 👇 and let me know if you want a deeper breakdown of any part of this strategy.
#GateSpotDerivativesBothTop3 #CryptoMarketsDipSlightly
$DOGE