Most traders are waiting for $DOGE to find support, but I'm watching whether sellers have one more liquidity sweep left in this move.
$DOGE /USDT – SHORT
Trade Plan
Entry: $0.08850 – $0.09240
SL: $0.09480
TP1: $0.08700
TP2: $0.08550
TP3: $0.08423
Why This Setup?
4H Structure: DOGE continues to print lower highs on the 4H chart, keeping the short-term market structure tilted in favor of sellers. Recent rebounds have lacked the strength needed to shift momentum.
Price Positioning: The $0.09247 resistance zone remains the key level bulls need to reclaim. Until then, rallies into resistance may continue to attract sell-side pressure.
Daily Context: The broader trend remains bearish, with price trading below major resistance levels. Any upside move is currently viewed as a corrective bounce rather than a confirmed reversal.
Volume Behavior: Selling pressure has remained consistent while buy-side participation has struggled to expand. This imbalance favors continuation toward nearby support zones.
As long as $0.09247 remains intact, sellers maintain control of the short-term structure and may target liquidity resting below the current range.
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