$DOGE USDT – SHORT TRADE SIGNAL🔴
REJECTION AT $0.21300 RESISTANCE
BREAKDOWN FROM LOCAL RISING STRUCTURE
Dogecoin faced strong resistance near the $0.213 zone, forming a lower high before a bearish engulfing candle initiated a pullback. Price is now breaking below the intraday consolidation base near $0.205, confirming downward momentum.
A retest rejection from $0.208 may trigger further downside pressure. The next demand zone is around $0.196 where price may attempt to stabilize.
Trade Setup:
• Entry Point: $0.205 – $0.208
• Stop Loss: $0.213
• Take Profit:
1️⃣ TP1: $0.201
2️⃣ TP2: $0.196
• Margin: 2–3%
• Leverage: 10x
Market Outlook:
Momentum has shifted bearish after failing to break recent highs. Expect continued retracement unless bulls reclaim $0.213 with strong volume.
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