$DOGE /USDT — BEARISH REVERSAL SIGNALS EMERGING | BULLS LOSING MOMENTUM
$DOGE is trading at $0.23552, pulling back from the recent $0.25970 high and forming a series of lower highs — a classic signal of weakening bullish strength. The price action now hovers near a critical short-term support zone. A breakdown could trigger a deeper correction.
Technical Snapshot:
Resistance: $0.25970
Support Zone: $0.22300 – $0.20229
Current Price: $0.23552
Bearish Trade Setup (Short Bias):
Entry Zone: $0.237 – $0.242
Targets (TP): $0.223 / $0.208
Stop Loss (SL): $0.251
Risk Management Tip:
Limit exposure to 2% of your trading capital per position. For a safer entry, wait for confirmation of rejection near resistance or a decisive breakdown below $0.230.
Trader's Note:
Volatility remains high. Patience and disciplined execution will give you the edge. Don’t chase — let the trade come to you.
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