$DOGE USDT – SHORT TRADE SIGNAL🔴
Rejection at $0.177 triggers local top formation.
Bearish divergence emerging after parabolic spike.
DOGE rallied sharply to $0.17719 but is now showing signs of exhaustion. Price is pulling back from overextended EMAs, with a lower high pattern developing. Short-term reversal likely if $0.1738 breaks.
🔻 Key Technical Levels:
• Resistance: $0.1772
• Support: $0.1711 / $0.1680
• Breakdown Level: $0.1735
• Consolidation Zone: $0.1711–$0.1745
📉 Trade Setup (Short):
• Entry Point: $0.1740 – $0.1745
• Stop Loss: $0.1775
• Take Profit:
• TP1: $0.1712
• TP2: $0.1682
• Margin: 2–3% of wallet
• Leverage: 10x
📊 Market Outlook:
DOGE is likely to cool off after a strong bullish impulse. A move below $0.1735 could attract more sellers, targeting $0.168 zone near EMA(99).
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