🚨 $DOGE Strategy: The Bearish Macro Flush
Retail is hoping for an Elon Musk tweet, but the Sniper is reading the 10-year tape. The $0.12 resistance is a "Hard Ceiling." We are targeting the macro gaps below current levels.
Entry Zone: $0.1180 – $0.1240 (Shorting the Retest)
TP1: $0.1000 (Psychological Support)
TP2: $0.0700 (Major Macro Support Base)
TP3: $0.0250 (The 10-Year "Fair Value" Target)
Stop Loss: $0.1380 (Strict exit above the breakdown diagonal)
Trade Logic:
The chart shows a clean breakdown of a decade-long bullish trend line. The massive red volume bar during the breakdown confirms powerful institutional distribution. We are currently seeing a weak relief rally (Dead Cat Bounce) that is stalling at previous support turned resistance. As long as $0.125 holds as resistance, the bias is extremely bearish.
#DOGE #DogeAnalysis #TalhaSniper #BinanceSquare #MacroSetup
