$DOGE DOGEUSDT.P | 30M:
Entry Area (Short): Below 0.0985 after confirmation
Targets:
TP1: 0.0975
TP2: 0.0969
TP3: 0.0964
Stop Loss: Above 0.0995
Market Structure:
DOGE shows a sharp impulsive move up, followed by signs of exhaustion near resistance. Price is now rejecting the upper zone, indicating a possible corrective pullback.
Resistance / Supply Zone: 0.0988 – 0.0993
Bias: Bearish retracement
After a strong rally, price is reacting from supply with decreasing momentum, suggesting a healthy pullback before next direction.
Trade Idea:
This setup is based on structure, rejection from resistance, and momentum shift — not a random trade.