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Short trading signal 🚦 🛑
Reached the peak of joy, now the correction comes! ⚠️📉
$DOGE just recorded a sharp vertical movement directly toward resistance at 0.2188, but the price movement is now stalling. The pattern indicates exhaustion, with early signs of a potential correction forming. Smart traders are switching to short selling as the upward momentum fades quickly - a correction is imminent.
📉 Short trade setup:
• Entry area: 0.2175 – 0.2188
• Take profit 1: 0.2120
• Take profit 2: 0.2099
• Take profit 3: 0.2077
• Stop loss: 0.2205
📊 Market outlook:
DOGEUSDT has risen rapidly, but the volume is now varying, and lower peaks may develop soon. As long as the price remains below 0.2190, the bears have the upper hand in the short term decline. Watch for confirmation with bearish engulfing or rejection bars on lower timeframes.