$DOGE USDT – SHORT TRADE SIGNAL🔴
RALLY REJECTED AT KEY SUPPLY ZONE
BEARISH ENGULFING AFTER VERTICAL SPIKE
DOGEUSDT is currently trading at $0.26900 (+11.49%), but the recent sharp wick into the $0.27800 zone was rejected, forming a bearish engulfing candle. This signals potential downside as buyers lose momentum near resistance.
📊 Key Technical Levels:
• Resistance: $0.27400–0.27800
• Support: $0.25300–0.25500
• Breakdown Trigger: Below $0.26300
• Demand Zone: $0.25000–0.25400
🎯 Trade Setup:
• Entry Point: $0.26850–0.27000
• Stop Loss: $0.27800
• Take Profit 1: $0.25500
• Take Profit 2: $0.25000
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook:
DOGE is showing early signs of exhaustion after a parabolic move. A lower high setup is forming, and price could revisit previous demand zones near $0.25 if selling intensifies.
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