🐶 $DOGE /USDT SHOWING BEARISH PRESSURE – SHORT SETUP AHEAD! ⚠️📉
Current Price: $0.16401
24H Change: +0.34%
Exchange: Binance
🔍 KEY LEVELS TO WATCH
📌 Resistance Levels:
$0.16550 – Immediate resistance & local high
$0.16800 – Strong supply zone
📌 Support Levels:
$0.16250 – Minor intraday support
$0.16000 – Key psychological & technical level
$0.15500 – Strong demand zone
📊 TECHNICAL OVERVIEW
Despite minor gains, $DOGE is struggling to hold above $0.16500, forming lower highs with declining momentum. With a high 24H volume (271M DOGE) but minimal price movement, it indicates exhaustion on the buying side.
Current structure hints a possible rejection at $0.16550, setting up for a short-term pullback.
💼 TRADE SETUP – SHORT POSITION
🔻 Entry: $0.16460 (on confirmation of resistance rejection)
🛡️ Stop Loss (SL): $0.16600 (above resistance wick)
🎯 Target 1 (TP1): $0.16250
🎯 Target 2 (TP2): $0.16000
🎯 Target 3 (TP3): $0.15500
🛡️ RISK MANAGEMENT
📉 Never risk more than 1-2% of your portfolio.
🎯 Wait for confirmation before entry – don’t chase the move.
🔄 Stick to the plan: SL is your best friend in volatile markets.
🐕 Trade wisely, stay disciplined & let the trend guide you! ⚙️📊#NODEBinanceTGE #USCorePCEMay #BTC110KToday? #BinanceTGEXNY #Write2Earn $DOGE