🔄 $DOGE at a DECISION POINT! Minor bounce, but trapped below the 20 EMA in a downtrend.
SHORT this rejection for a continuation down:
• Entry Zone: $0.1080 - $0.1085 (Below the EMA20 at $0.10805)
• TP1: $0.1060 | TP2: $0.1040 | TP3: $0.1020
• Stop-Loss: $0.1100 (Above the 24h high and EMA50)
Logic: Price is in a clear downtrend with EMAs stacked bearishly above. The balanced order book shows a lack of strong buyers. This bounce is weak and likely to be sold into, targeting a retest of the recent lows and beyond.
Selling the bounce or hoping for a meme pump? The trend structure says sell. 🔻