$DOGE
/USDT SHOWING WEAKNESS — BEARISH PULLBACK UNDERWAY!
$DOGE is trading at $0.23415 after rejecting hard from the $0.24400 level. Price action on the 1H chart shows a double top followed by bearish candles forming consecutively, signaling potential further downside if $0.23000 fails to hold as support.
Trade Setup:
Short Entry: $0.23400 – $0.23600
Take Profit: $0.22700 / $0.22000
Stop Loss: $0.24150
Market Outlook:
Bearish momentum is building below the recent highs with lower highs and strong selling pressure. A break below $0.23000 would likely accelerate the downside move, especially if volume confirms.
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