**Market Update: $DOGE Rejection**
$DOGE has hit a significant resistance level at 0.136, with a sharp bearish rejection forming a long upper wick.
The price failed to hold above the EMA 99, and now the EMAs are turning downwards, indicating a potential continuation of the downward trend.
This suggests a fake breakout and possible further declines in price.
🚨 **Bearish Bias Alert** 🚨
Our analysis favors a bearish bias while $DOGE remains below the 0.134-0.136 supply zone.
Only a strong reclaim of this level would invalidate our short setup.
💡 **Trade Idea:** Sell DOGE on Binance with a Stop Loss at 0.1375.
**Take Profit Targets:**
📈 TP1: 0.1285
📉 TP2: 0.1255
🚫 TP3: 0.1220
Remember to monitor the market closely and adjust your trade accordingly.
Trade DOGE on Binance 👇
