$DOGE /USDT short trade signal 🚦
BEARISH BREAKDOWN – PRESSURE BUILDS BELOW KEY ZONE!
$DOGE is trading at $0.19176, down 2.05%, and has broken below minor support near $0.19300 on the 1H chart. The price action shows consistent lower highs and weak bullish recovery attempts, signaling growing seller dominance. The most recent candles suggest a fresh downward leg could unfold soon.
🔻 Trade Setup (SHORT):
Entry Price: $0.19250 – $0.19400
Target 1: $0.18800
Target 2: $0.18350
Target 3: $0.17900
Stop Loss: $0.19620
Why Short?
DOGE rejected near $0.20051, forming a lower high, and has now breached the minor support zone of $0.193 with increased volume on red candles. Unless bulls reclaim $0.195, sellers are in control. Momentum indicators suggest a bearish trend continuation.
Risk Management Tip:
Move SL to entry once Target 1 is hit. Protect capital and let the rest ride if the trend accelerates downward.
Sell smart — don’t chase green candles when the trend is turning red!
buy and trade here on $DOGE
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