$DOGE /USDT short trade signal 🚦 🛑

BEARISH BREAKDOWN AFTER CHANNEL REJECTION!

Dogecoin has rejected the upper boundary of its descending channel after a sharp bounce, indicating the potential continuation of the bearish trend. The price is now facing strong resistance near 0.1670 and failing to break above it, signaling renewed selling pressure. This offers a shorting opportunity with a clean risk-reward setup.

Trade Setup:

Entry: 0.16650 – 0.16680

Take Profit (TP): 0.16180

Stop Loss (SL): 0.16910

Market Outlook:

Bearish momentum persists below the descending channel resistance. As long as the price remains under the rejection zone, downside targets are likely to be achieved. A breakdown below 0.1640 could accelerate the drop further.

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This is your signal. Tap in before the next breakout candle!

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