🚨 BEARISH CRASH ALERT: DOGEUSDT 🚨
Current Price: $0.22864 (+1.22%)
## Why DOGE is Primed for a Drop:
🔥 Extreme Overbought Signals:
- Stochastic RSI: 93.88 → Nuclear overbought — reversal imminent.
- RSI(6): 61.0 → Bull trap forming as momentum fades.
🔥 Volume Betrayal:
- OBV: -64.26B → Whales are dumping while retail buys the pump.
🔥 Crowded Longs = Liquidation Fuel:
- 75.05% LONG (L/S Ratio: 3.01) → Massive long squeeze risk.
🔥 Technical Resistance:
- Price rejected at Upper Bollinger Band (0.23173) → Bears defending hard.
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### Critical Levels:
- BREAKDOWN TRIGGER: Close below 0.22523 (middle BB) → Crash to 0.21872 (lower BB).
- BEARISH CONFIRMATION: Retest of 0.21956 (24h low) → Panic selling likely.
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### Trade Plan:
- SHORT NOW: Sell rallies near 0.22926 (24h high) → SL: 0.23200.
- BREAKDOWN ENTRY: Short on close below 0.22523 → SL: 0.22700.
- TARGETS:
- TP1: 0.22000 (easy 3% drop).
- TP2: 0.21872 (lower BB → take profits + reload shorts).
⚠️ Warning: This is a high-risk meme coin — volatility will be wild. Size small!
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🔥 Smash LIKE if you’re bearish! Drop your short targets below!