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$DOGE | Ongoing Weakness Below Local Resistance
$DOGE continues to show signs of weakness after several failed attempts to break through the 0.101 zone, while bullish momentum is gradually declining as sellers regain control of the short-term movement.
📌 Trade Setup (Short Setup)
• Position: Sell (Short)
• Entry Zone: 0.0990 – 0.1005
🛑 Scenario Invalidated: 0.1018
🎯 Target 1: 0.0980
🎯 Target 2: 0.0965
🎯 Target 3: 0.0940
📊 The price is still moving below local resistance with lower highs being formed, reflecting a weakness in buyers' ability to regain positive momentum.
As long as the price cannot reclaim 0.101 and hold above it, the bearish pressure remains the most likely scenario, with the possibility of revisiting lower support zones.
⚠️ The market is volatile and rapidly changing, so risk management and discipline in executing trades remain the foundation of any trading strategy.
$DOGE #DOEG #Crypto