$DOGE USDT BEARISH BREAKDOWN – FALLING KNIFE IN PLAY
Dogecoin continues its aggressive downward spiral, breaking out of the falling channel with strong bearish momentum. Sellers have reclaimed control below the key resistance zone, indicating further downside potential as market confidence weakens.
🔻 Trade Setup
Entry Zone: 0.1590 – 0.1580 (already activated)
Take Profit 1: 0.1565
Take Profit 2: 0.1540
Stop Loss: 0.1605
📉 Short Market Outlook
DOGEUSDT remains in a firm downtrend with lower highs and lower lows confirming bearish structure. Immediate resistance stands near 0.1600 while the next major support lies at 0.1540. Momentum indicators suggest continuation towards lower targets unless strong reversal volume steps in.
⚠️ Risk Management: Strictly adhere to stop-loss as aggressive breakdowns can reverse sharply during volatile market hours.
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buy and trade here on $DOGE