DOGE/USDT

#DOGE

šŸ” *Current Market Summary (1W chart)*

- *Price:* 0.17102 (below EMA20 EMA50)

- *Trend:* *Bearish* (downtrend continues)

- *Indicators:*

- *MACD:* Bearish, below zero

- **RSI / Wm

- *Volume:* Decreasing → weak momentum

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šŸ“‰ *Signal: SHORT (with caution)*

*Reasoning:*

- Price is trading below EMA20 and EMA50 (clear downtrend)

- Bearish MACD histogram

- Failed to hold support near0.20

- You are already in a *losing long position* (PNL -451.29), so either:

- *Set stop-loss* near $0.16300 to avoid further loss

- Or *hedge* by opening a small short if BTC and altcoins continue to drop

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āœ… Safer Options:

- *Wait for reversal signals* (MACD cross, bullish candle above EMA20)

- *Scalp short trades* on lower timeframes (15m/1h) if trend stays bearish