$DOGE used to be my favorite coin. 🫢🤨😑
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Mike On The Move
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Bearish
🔥 $DOGE Faces Strong Resistance Pressure ⚡
Trading Plan:$DOGE
Bias: Short
Entry: $0.144–0.146
SL: $0.153
TP1–TP3: $0.138 / $0.132 / $0.126
Technical Analysis:
$DOGE is facing strong resistance around 0.145–0.146, indicating rising selling pressure. 1h–4h EMAs are sideways or showing mild bearish cross, RSI pulling back from overbought, and Stochastic pointing down confirm short-term bearish momentum. Bearish reversal candles like shooting star or bearish engulfing strengthen the short setup, while decreasing buying volume further supports the scenario.
Only a break above $0.153 with strong volume would invalidate the setup. Monitor price action closely before entering.
{future}(DOGEUSDT)
Trading Plan:$DOGE
Bias: Short
Entry: $0.144–0.146
SL: $0.153
TP1–TP3: $0.138 / $0.132 / $0.126
Technical Analysis:
$DOGE is facing strong resistance around 0.145–0.146, indicating rising selling pressure. 1h–4h EMAs are sideways or showing mild bearish cross, RSI pulling back from overbought, and Stochastic pointing down confirm short-term bearish momentum. Bearish reversal candles like shooting star or bearish engulfing strengthen the short setup, while decreasing buying volume further supports the scenario.
Only a break above $0.153 with strong volume would invalidate the setup. Monitor price action closely before entering.
{future}(DOGEUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
