$DOGE /USDT – Short Trade Signal 🔻
Bearish Momentum Building – Breakdown Risk Increasing
Dogecoin is showing signs of weakness after failing to hold above resistance. The recent upward move has lost steam, and sellers are stepping in with growing momentum. Price action is slipping below key structural levels, hinting at a potential deeper correction unless bulls step up quickly.
🔸 Short Trade Setup
Entry Zone: 0.259 – 0.261
Take Profit 1: 0.255
Take Profit 2: 0.252
Take Profit 3: 0.248
Stop Loss: 0.266
📉 Market Analysis
$DOGE is currently under notable selling pressure, with 63% ask-side dominance, pointing to a clear bearish bias. If price fails to reclaim the 0.259 level soon, a slide into the lower support range (0.255–0.252) looks increasingly likely. Only a decisive breakout above 0.266 would invalidate this short thesis and signal bullish strength returning.
💡 Trade Smart, Manage Risk.
Start trading $DOGE here: [Insert your exchange link]