⚠️ $DOGE /USDT BEARISH BREAKDOWN IN PLAY – SHORT SETUP READY! ⚠️
$DOGE is currently trading at $0.18017, showing a strong -7.32% drop. After peaking at $0.20585, the price has formed a clear lower high & lower low pattern on the 4H timeframe, breaking below key support — indicating sellers are in control!
Key Levels:
Resistance Zone: $0.19050 – $0.19470
Immediate Resistance: $0.18190
Support 1: $0.17326
Major Support: $0.16461
Market Structure: The recent rejection at $0.205 has triggered a steady selloff. Price is now hovering just below broken support, setting up for a retest and continuation lower.
Trade Setup – SHORT Position
Entry: $0.18150 – $0.18200 (on retest)
Take Profit (TP):
$0.17330
$0.16470
Stop Loss (SL): $0.18580
Risk Management:
Limit exposure to 1-2% of capital. Wait for confirmation on resistance retest before entering. Always stick to your SL and avoid overleveraging.
Momentum is bearish – short the bounce and protect your capital!
#Write2Earn! #BSCTrendingCoins #MarketPullback #BSCPRrojectSpotlight