$DOGE got rejected at resistance — price may go lower
$DOGE moved up into the 0.136 resistance area, but sellers pushed it down quickly. The candle shows a long upper wick, which means buyers couldn’t keep control. Price also failed to stay above the 99 EMA, and the moving averages are starting to turn down. This looks like a fake breakout, so price may continue falling.
Short entry: 0.1310 – 0.1335
Targets:
• TP1: 0.1285
• TP2: 0.1255
• TP3: 0.1220
🛑 Stop loss: 0.1375
The bearish view stays valid while price is below the 0.134–0.136 resistance zone. If price moves back above this area strongly, the short idea is no longer valid.
Trade $DOGE on Binance 👇
DOGEUSDT
Prep
0.13136
+2.47%