$DOGE /USDT – Short Trade Entry Opportunity🔥💯
DOGE/USDT has approached a strong horizontal resistance zone on the 15-minute chart and is showing signs of rejection with multiple wicks. Price failed to close above this zone, signaling a potential reversal setup for short sellers.
Entry: 0.17276
Target 1: 0.16811
Target 2: 0.16657
Target 3: 0.16576
Stop-Loss: 0.17490
Risk Management:
Limit your exposure to 3–5% of your capital. Move stop-loss to entry once Target 1 is achieved and consider partial profit booking.
Pro Tip:
Watch for a strong bearish engulfing candle below the resistance to confirm entry. Rejection volume should ideally increase to validate the reversal.