$DOGE/USDT TECHNICAL ANALYSIS: SHORT TRADE SIGNAL

### **TRADE SETUP**

* **Entry Strategy:** Consider entries in the **0.0988 – 0.1000** range. The price has recently rejected from the 24h high of **0.10218** and is currently trading below the MA(7) and MA(25), signaling a short-term bearish crossover.

* **Take Profit (TP):**

* **TP 1:** 0.0963 (Immediate support at MA99)

* **TP 2:** 0.0940 (Previous consolidation level)

* **TP 3:** 0.0907 (Major swing low support)

* **Stop Loss (SL):** 0.1035 (Above the recent peak to protect against a trend reversal)

### **SHORT OUTLOOK OF MARKET**

The $DOGE market is experiencing a corrective phase after hitting a local ceiling at **0.10218**. On the 1H chart, momentum is shifting to the downside as the price struggles to hold above the short-term moving averages. While the long-term trend remains supported by the MA99 at **0.09633**, a break below this level could accelerate selling pressure. Traders should watch for a lack of buying volume on bounces, which confirms the current bearish sentiment.

$DOGE

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