$DOGE /USDT ā Short-Term Pullback Scenario
Timeframe: 15m
Current Price: ~0.1328
š Market Structure
Strong impulsive move to the upside.
Price is now stalling near local resistance around 0.1335ā0.1340.
Upper wicks + small-bodied candles indicate buying pressure is weakening.
This looks like a pause / distribution zone after an aggressive pump.
š Key Levels
Resistance: 0.1335 ā 0.1340
Immediate Support: 0.1315
Major Support / Demand: 0.1300 ā 0.1290
šÆ Trade Idea ā Short (Scalp / Intraday)
Entry Zone:
0.1332 ā 0.1340 (on rejection / weak candle close)
Targets:
šÆ TP1: 0.1315
šÆ TP2: 0.1300
šÆ TP3: 0.1290 (extended move)
Stop Loss:
Above 0.1348 (clean invalidation above resistance)
š Bias
Short-term bearish retracement
Overall move was bullish, but cool-off / pullback is likely before continuation
ā ļø Invalidation
Strong 15m close above 0.1348 with volume ā short idea invalidated, bullish continuation possible.
If you want, I can:
