$DOGE – Rejection at MA Resistance, Breakdown Pressure Increasing 📉
Trading Plan (Short)
Entry: 0.0895 – 0.0910
SL: 0.0925
TP1: 0.0889
TP2: 0.0870
TP3: 0.0850
$DOGE USDT is currently trading around 0.08976, struggling below the MA 99 resistance at 0.09115 while failing to gain momentum toward the 0.09237 level.
On the 1H timeframe, price is showing repeated rejection near resistance, indicating strong seller presence. Each bounce is getting weaker, which suggests buyers are losing control.
The support at 0.08899 is being tested multiple times, weakening the level. Continuous pressure on support often leads to a breakdown.
If DOGE breaks below 0.08899, a move toward lower levels is likely as sell-side momentum builds.
Unless price reclaims and holds above 0.09115, the structure remains bearish and rallies are expected to be sold.
This setup is based on MA resistance rejection + weakening support + seller dominance — favoring downside continuation.
Trade $DOGE here 👇 📉
