$DOGE USDT BEARISH SETUP: LOW VOLUME SIDEWAYS ACTION HINTS AT BREAKDOWN RISK!
$DOGE is stuck in a tight range near $0.170 after a steady downtrend from $0.182. Price has failed multiple times to break above $0.172, and the 4H chart shows weakening momentum โ signaling risk of another leg down.
Trade Setup: Short Trade Signal๐ด
Entry Point: 0.1700 โ 0.1710
Stop Loss: 0.1730
Take Profit:
๐ฏ TP1: 0.1670
๐ฏ TP2: 0.1645
๐ฏ TP3: 0.1600
Margin: 2โ3% of wallet
Leverage: 10x
Short Market Outlook:
DOGE is showing distribution behavior after failing to reclaim bullish structure. As long as it remains below $0.172 resistance, price action favors sellers with a breakdown likely on volume spike.