$DOGE /USDT SHORT TRADE SETUP BEARISH MOMENTUM CONTINUES BELOW KEY SUPPORT
Current Price: 0.22182
Market Structure: DOGE has dropped over 5% and broken below the key support at 0.225. Price is now hovering just above the 24h low (0.22150), with lower highs confirming a clear downtrend.
ENTRY ZONE:
Enter short between 0.22300 – 0.22900 after a weak bounce or rejection near resistance.
STOP LOSS:
Place SL above 0.23450 to protect against sudden reversal.
TARGET POINTS:
TP1: 0.21800
TP2: 0.21250
TP3: 0.20500
TRADE ANALYSIS:
$DOGE is under heavy selling pressure, with 1.49B DOGE traded in the last 24h. The breakdown below 0.225 confirms bearish control. If price fails to reclaim 0.229, the downtrend is likely to accelerate. Ideal for short setups on rejection candles or failed bullish attempts near resistance zones.