🐶 $DOGE

/TRY BEARISH SETUP – MOMENTUM STALLS AT LOCAL RESISTANCE

$DOGE/TRY is trading at 6.514 TRY ($0.1634, +0.56%) after hitting a local high of 6.576. Price action is starting to flatten under resistance, and there’s no strong bullish breakout, suggesting that sellers may soon step in. If 6.437 breaks, a pullback becomes increasingly likely.

🔑 Key Levels

Resistance: 6.593 – 6.688

Support: 6.437 (immediate), then 6.404

Current Price: 6.514 TRY

📊 Trade Setup (Short):

Entry Zone: 6.500 – 6.580

Take Profit 1: 6.437

Take Profit 2: 6.404

Stop Loss: 6.700

💡 Short Market Outlook:

DOGE has shown muted momentum despite a slight rise. Volume is not surging, and MA(5) > MA(10) indicates short-term overheating. If price falls below 6.437, it confirms a lower high, signaling seller control.

⚠️ Risk Management:

Risk max 2–3% of your total capital

Place stop-loss above 6.700

Confirm breakdown with bearish volume spike under 6.437 before entering

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