$DOGE /USDT short trade signal 🚦🛑
BEARISH REJECTION FROM SUPPLY ZONE — SHORT SETUP ACTIVATED!
Price has been rejected from the 0.23000–0.23046 supply zone after testing it multiple times. A clean bearish engulfing candle has now broken below the intraday demand at 0.22840, confirming a shift in momentum toward the downside. Selling pressure is rising, signaling a potential drop toward the next support.
Trade Setup:
Entry: 0.22840 – 0.22800
Take Profit (TP): 0.22421
Stop Loss (SL): 0.23050
Market Outlook:
Momentum favors bears as DOGE faces strong resistance at 0.23000. As long as price holds below this level, a retest of lower support is likely. Monitor for volume spikes to confirm the move.
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