$DOGE /USDT SHORT TRADE SIGNAL – DOWNTREND STILL DOMINANT AFTER FAILED RECOVERY!
$DOGE is currently trading around $0.1918 and struggling to reclaim the $0.1935 resistance after a brief bounce. The price continues to form lower highs and lower lows on the 15-minute chart, confirming bearish continuation. Volume is fading and bulls failed to sustain even minor recoveries — signaling potential for another leg down.
Trade Setup (SHORT):
Entry Price: $0.1925 – $0.1940
Target 1: $0.1895
Target 2: $0.1860
Target 3: $0.1810
Stop Loss: $0.1958
Why Short?
The consistent rejection near intraday resistance and continuation of bearish candles confirm supply zone pressure. Market structure remains weak, and a break below $0.1900 would accelerate the bearish move. RSI and volume divergence also support a downward push.
Risk Management Tip:
Set your SL wisely above $0.1960 — if invalidated, shift to neutral stance. Stick with momentum, but always protect capital.
Sell smart — don’t chase green candles when the trend is turning red!