$DOGE /USDT SHORT TRADE SIGNAL🔴
REJECTION FROM LOCAL RESISTANCE
FAILING TO HOLD ABOVE KEY LEVEL
POSSIBLE PULLBACK TO DEMAND ZONE
$DOGE was rejected from the $0.16500 resistance and is now struggling to hold above the $0.16300 level. Price action suggests a weakening bullish momentum with a bearish engulfing setup on the 30m chart.
🔻Trade Setup:
• Entry Point: $0.16350 – $0.16450
• Stop Loss: $0.16501
• Take Profit: $0.16137 / $0.16075
• Margin: 2–3% of wallet
• Leverage: 10x
📉Market Outlook:
DOGE is likely to revisit lower support zones if the $0.16400 resistance holds. A clean rejection here could trigger further downside into $0.16000 territory.
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