$DOGE / USDT — Bearish Setup Explained Simply 🐻

On the daily and 4H charts, DOGE is clearly in a downtrend, trading below all major EMAs, which tells us sellers are firmly in control. The broader trend is bearish, and rallies are being sold.

On the 1H timeframe, we’re waiting for confirmation to re-enter short. A 15-minute RSI drop below 50 would signal that short-term momentum is turning bearish again and that sellers are stepping back in.

Trade plan in plain terms:

• Short entry: around 0.12921 – 0.129826

• Downside targets:

• First drop to 0.127668

• Next level at 0.127052

• Extension toward 0.125819

• Risk level: exit if price moves above 0.131367

DOGE

0.15116

+2.41%

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