$1MBABYDOGE   TECHNICAL ANALYSIS: BEARISH CONTINUATION EXPECTED
The 
$1MBABYDOGE   chart indicates a bearish momentum after failing to hold key support levels. Price recently broke below short-term EMA and MA lines, showing increased selling pressure. The MACD is trending downwards, confirming the bearish trend, while Bollinger Bands suggest potential further downside.
Trade Setup:
Entry: Short at resistance zone near previous minor highs
Target 1 (TP1): First support level
Target 2 (TP2): Lower support aligned with 24h low
Stop Loss (SL): Just above recent swing high
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2, limit position size to 2–3% of total portfolio to protect against volatility.
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