$DOGE /USDT short trade signal 🚦 🛑
BEARISH MOVE EXPECTED AFTER STRONG REJECTION NEAR RESISTANCE ZONE!
Price action shows that $DOGE faced a clear rejection near the 0.245 zone, forming a long-wick candle and pulling back with high volume — a strong signal of supply presence at that level. The current price is trading around 0.2410, right below the rejection zone, indicating a potential short-term retracement.
Trade Setup:
Short Entry: 0.2435 – 0.2455
Take Profit (TP): 0.2303
Stop Loss (SL): 0.2475
Market Outlook:
Momentum has shifted temporarily as bulls failed to break and sustain above resistance. If price fails to reclaim 0.2440, more downside is expected toward the previous demand zone near 0.2300. Risk management is key as volatility may spike again around these levels.
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