š Trade Setup: $DOGE ā Short on failed breakout, momentum rolling over (1H + 4H)
DOGE attempted a move higher into EMAs/Bollinger mid but shows rejection with rising red bars and MACD turning down on 1H. Favor a short on weakness or failed retest.
š» Short Entry: 0.1635ā0.165 USDT (on weak retest of EMA resistance)
šÆ Take-Profit Targets:
TP1: 0.1585 USDT ā 1H BB lower / recent intraday support
TP2: 0.154ā0.152 USDT ā lower structural support
š Stop-Loss: ā 0.168 USDT (above 20/50 EMA cluster)
Risk:Reward ~ 1:2
ā ļø Risk Factors: High retail interest can produce choppy bounces. Watch BTC direction and volume ā a broad market reversal will invalidate the short.
šØ Use conservative size ā DOGE can spike on social catalysts.
#DOGE #cryptotrading #BinanceFutures #ta #BinanceSquare

