🔴 $DOGE | SHORT SETUP
🎯 Trading Plan:
Entry: 0.08891 – 0.08915
TP: 0.08819 - 0.08764 - 0.0868
SL: 0.09015
📊 Technical Analysis:
The 4-hour candlestick chart for $DOGE is clearly signaling bearish as the price approaches resistance. The daily trend remains downward, while the RSI on the 15m timeframe is at 42.95 — still enough room to move down without hitting oversold territory.
The ATR range on the 1h chart is quite tight (0.00078), indicating energy accumulation, and a potential breakout may occur swiftly. Entry at the range of 0.08891 – 0.08915 offers a reasonable risk/reward with the primary target at 0.08819 (a drop of ~0.8%), followed by 0.08764 and 0.0868 (~2.5% from entry).
Trade $DOGE now by clicking on the chart below 👇
🎯 Trading Plan:
Entry: 0.08891 – 0.08915
TP: 0.08819 - 0.08764 - 0.0868
SL: 0.09015
📊 Technical Analysis:
The 4-hour candlestick chart for $DOGE is clearly signaling bearish as the price approaches resistance. The daily trend remains downward, while the RSI on the 15m timeframe is at 42.95 — still enough room to move down without hitting oversold territory.
The ATR range on the 1h chart is quite tight (0.00078), indicating energy accumulation, and a potential breakout may occur swiftly. Entry at the range of 0.08891 – 0.08915 offers a reasonable risk/reward with the primary target at 0.08819 (a drop of ~0.8%), followed by 0.08764 and 0.0868 (~2.5% from entry).
Trade $DOGE now by clicking on the chart below 👇