$DOGE /USDT short trade signal š“
SHORT TRADE SIGNAL ā SUPPLY ZONE REJECTION & LOWER HIGH CONFIRMATION! š»
$DOGE is currently trading around $0.19113, showing rejection from the intraday resistance zone near $0.19550. Price action has printed a lower high with weakening momentum, suggesting bearish pressure is building. Volume is also fading, indicating a possible reversal from recent highs.
Trade Setup (SHORT):
Entry: $0.19050 ā $0.19350
Target 1: $0.18600
Target 2: $0.18180
Stop Loss: $0.19590
Why Short?
DOGE failed to reclaim the $0.1955 resistance and is showing bearish divergence on the lower timeframes. Selling pressure near this level has been consistent, and the market is likely forming a short-term top. If the price breaks below $0.18900, expect increased downside momentum.
Risk Management Tip:
Set your SL above $0.19600 to protect from sudden spikes. Scale out profits gradually and trail your stop to lock in gains.
Donāt let this breakout fly without you ā enter smart, exit richer!
Ride the momentum before it fades ā profits favor the fearless!
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Zoe Crypto Analyst