🚨 $DOGE
USDT BEARISH BREAKDOWN – WILL DOGE SLIP FURTHER? 🚨
$DOGEUSDT continues its strong downtrend on the 1H chart, forming consistent lower highs and lower lows, suggesting bears remain in control for now.
🔑 Key Levels:
Current Price: 0.15833
Support: 0.15650
Resistance: 0.16050
🎯 Trade Setup (Short):
Entry: 0.15830 – 0.15900 (wait for rejection near minor resistance)
Take Profits:
✅ TP1: 0.15700
✅ TP2: 0.15650
✅ TP3: 0.15550 (extended target)
Stop Loss: 0.16080
📊 Market Outlook:
DOGE remains in a clear bearish channel with no reversal confirmation yet. Minor support at 0.15650 is the next key test. A breakdown below this level can trigger accelerated sell-off towards 0.15550.
⚠️ Risk Management:
Stick to disciplined stop loss placement and limit your position size to risk only 1-2% of total capital on this trade.
💬 Do you expect DOGE to find a bottom soon or will it keep falling? Comment 🐶 if you’re watching this breakdown!
buy and trade here on $DOGE