$DOGE /USD BEARISH BREAKDOWN – LIQUIDITY GRAB ABOVE $0.1740 FAILED, BEARS IN CONTROL!

Dogecoin failed to hold above the minor consolidation resistance at $0.1740 and immediately dumped back below structure, forming a strong bearish candle. This confirms a liquidity trap and activates a clean short setup.

TRADE SETUP (SHORT):

• Entry: $0.1727

• Target 1 (TP1): $0.1660

• Target 2 (TP2): $0.1627

• Stop Loss (SL): $0.1783

KEY LEVELS:

• Resistance Zone: $0.1740 - $0.1783

• Support Zone: $0.1627

• Current Price: $0.1727

MARKET OUTLOOK:

DOGE is showing clear signs of exhaustion as multiple upside rejections created a supply barrier around $0.1740. With price now pushing below local demand, the bearish pressure is expected to continue.

RISK MANAGEMENT:

Limit exposure to 1-2% of your trading capital. Once TP1 is hit, move SL to breakeven to secure profits.

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