📉 $DOGE /USDT Rejection at $0.202 Sparks Short Setup 🚨
$DOGE hit $0.20232, but faced immediate rejection with a sharp bearish candle on the 15M chart. Price is now trading at $0.19842, slipping below the key $0.200 level indicating short-term momentum is turning bearish.
🔻 Short Trade Setup:
• Entry Zone: $0.1985 – $0.1995
• 🎯 TP1: $0.1962
• 🎯 TP2: $0.1940
• 🎯 TP3: $0.1910
• 🛑 Stop Loss: $0.2025
📊 Market Insight:
Price failed to hold above psychological resistance with declining volume early signs of exhaustion. If bulls don’t reclaim $0.200, this short setup offers a solid R:R for downside continuation.
💡 Quick Tip: Wait for weak retest near $0.1995 with fading volume before entering. Bears gaining ground fast.