$DOGE /USDT – Bearish Reversal Signal After Sharp Rejection..
DOGE has printed a clear bearish reversal pattern on the 1H chart.
After a strong pump toward $0.153, price faced heavy rejection and formed consecutive lower highs, signaling weakening bullish momentum.
The current structure shows sellers stepping in, and if DOGE breaks below $0.144, a stronger downward move may follow.
📉 Trade Setup (Short Position)
Entry Range: 0.1465 – 0.1485
Target 1: 0.1420
Target 2: 0.1390
Target 3: 0.1355
Stop Loss (SL): 0.1508
📈 Long Setup (Trend Reversal Traders)
Only if DOGE breaks above $0.151 with strong volume.
Entry: Above 0.1510
Target 1: 0.1550
Target 2: 0.1590
Target 3: 0.1625
SL: 0.1475
📊 Outlook
DOGE is showing bearish reversal characteristics, including lower highs and rejection from resistance.
A break below $0.144 can accelerate seller control toward lower targets.
