$DOGE Looks like the crew is getting hyped again, but if you take a closer look, we’re just poking at the old resistance level.
Time to drop a short and snag some gains:
Entry: 0.0819 – 0.0843
SL: 0.0900
TP1: 0.0793
TP2: 0.0777
TP3: 0.0758
Liquidity up top is thick, so there’s a good chance we’ll see a wick hunt to lure in the longs before diving down. This level was previously hammered down by the bears. If the bulls can’t hold the price above this zone, we’re just gonna flip back down to the pig trough below.
Looking at the chart like this, and you’re still thinking about jumping into a long at the top? Come on!
Time to drop a short and snag some gains:
Entry: 0.0819 – 0.0843
SL: 0.0900
TP1: 0.0793
TP2: 0.0777
TP3: 0.0758
Liquidity up top is thick, so there’s a good chance we’ll see a wick hunt to lure in the longs before diving down. This level was previously hammered down by the bears. If the bulls can’t hold the price above this zone, we’re just gonna flip back down to the pig trough below.
Looking at the chart like this, and you’re still thinking about jumping into a long at the top? Come on!