$DOGE Short Setup — Rally Losing Steam at Resistance.
Trade Setup: Short
Entry Zone: 0.10550 – 0.10720
Take Profit Targets:
• TP1: 0.10380
• TP2: 0.10150
• TP3: 0.09900
Stop Loss: 0.10950
$DOGE has extended its recent bullish push and is now testing a well-defined resistance zone — but the structure is starting to show signs of fatigue.
The rally, while steady, is no longer delivering the same expansion strength seen earlier in the move. Price action near the highs is becoming increasingly reactive, with multiple rejection wicks signaling that sellers are beginning to defend this level more aggressively.
Instead of clean continuation, the market is showing hesitation. This kind of behavior often points to buyer exhaustion, where momentum fades as price pushes deeper into supply.
If this resistance zone continues to hold, a short-term pullback becomes the more probable scenario. Profit-taking from late buyers combined with emerging sell pressure could drive price back toward lower support levels.
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