🔻 DOGE/USDT – Short-Term Analysis (1H Chart)

Bias: Bearish | Strategy: Consider Short

📉 Key Indicators:

Price: $0.18750

24h Change: -5.89%

RSI(6): 15.20 → Oversold, but not reversing yet

MACD: Bearish

DIF: -0.00216

DEA: -0.00165

Histogram: Negative and growing → Bearish momentum increasing

🔍 Price Action:

Price peaked at $0.20672, then sharply declined.

Forming lower highs and lower lows.

Currently testing support near $0.18712.

📊 Short Setup Idea:

Entry: Around $0.18750 (current price)

Target 1: $0.18500 (minor support)

Target 2: $0.18000 (stronger support zone)

Stop-loss: Above $0.19100 (recent lower high)

⚠️ Caution:

RSI is oversold, so a short-term bounce is possible.

If price closes above $0.191–0.192 with volume, short bias becomes invalid.

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