$DOGE /USDT – Dead Cat Bounce? SHORT TRADE INCOMING!
30M Chart Analysis:
$DOGE broke down sharply from $0.160 and found temporary relief near $0.1525. Current bounce appears weak, likely a dead cat bounce with no strong bullish follow-through.
Key Resistance Zone:
$0.1555 – $0.1565 (prior breakdown zone)
Support Levels:
$0.1520
$0.1500
Short Trade Setup:
Entry Zone: $0.1545 – $0.1560
Target 1: $0.1520
Target 2: $0.1500
Stop Loss: $0.1572
Market Insight:
The bounce lacks volume and conviction—perfect setup for a continuation dump if price fails to reclaim $0.1565 quickly.
Pro Tip:
Watch for bearish engulfing patterns or exhaustion wicks at resistance. That’s your green light to enter!
CTA:
DOGE bulls are running on fumes! Load up your short with precision and ride the momentum back to support—don’t miss this clean opportunity!
