$DOGE /USDT short trade signal 🚦 🛑
BEARISH REVERSAL SIGNAL AFTER REJECTION AT $0.259 — SELLERS BACK IN CONTROL?
DOGE surged to $0.25970 but faced strong resistance and has now dropped to $0.23163, losing momentum on the daily chart. The current candle confirms a lower high formation, hinting at a potential bearish trend resumption unless bulls reclaim higher ground soon.
Trade Setup:
Short Entry: $0.234–0.238
Take Profit (TP): $0.218 / $0.205
Stop Loss (SL): $0.247
Market Outlook:
With bears pushing price below the short-term support near $0.235, downside risk increases. RSI cooling off and volume weakening suggest bulls are retreating. A move below $0.22 could trigger further correction toward April breakout levels.
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