Based on the 15-minute chart you shared for DOGE/USDT, here's a technical breakdown:
$DOGE /USDT short trade signal 🚦🛑
SHORT TRADE SETUP – SUPPLY ZONE REJECTION CONFIRMED!
After testing the $0.20000 supply zone, $DOGE faced strong rejection with a sharp drop in volume and price, forming a possible lower high. The current candle is breaking below the mid-demand zone at $0.19450, increasing the bearish probability.
Trade Setup (SHORT):
Entry Zone: $0.19450 – $0.19550
Target 1: $0.19200
Target 2: $0.18950
Stop Loss: $0.19750
Why Short?
DOGE surged quickly but got rejected near $0.20000 — a major resistance. Multiple wicks and bearish engulfing candles confirm that bulls lost momentum. Current breakdown below $0.19450 may open room for a fall toward lower support near $0.18950.
Risk Management Tip:
Keep your stop-loss tight above $0.19750. If price reclaims $0.19600+ with strong volume, reassess the trade — momentum may shift.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
