$DOGE /USDT short trade signal 🚦🛑
BEARISH SETUP — REJECTION FROM RESISTANCE ZONE!
DOGE is facing strong rejection near the $0.224 zone after a failed breakout attempt. Price action shows a bearish engulfing structure forming just below resistance, indicating selling pressure and potential for further downside toward support. Volume has also started tapering off, reinforcing bearish bias.
Trade Setup (Short):
Entry: $0.22190
Take Profit (TP): $0.21650
Stop Loss (SL): $0.22460
Market Outlook:
If DOGE fails to reclaim $0.224 on the next candle, expect a drop toward the $0.216 zone, where previous demand showed strength. Risk-reward remains favorable for bears below resistance.
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