$DOGE Short Trading Signal on DOGE USDT Pair
๐ป Trading Settings:
โข Entry Point: 0.17650 - 0.17750
โข Stop Loss: 0.18050
โข Take Profit Targets:
๐ฏ First Profit Target: 0.17400
๐ฏ Second Profit Target: 0.17100
๐ฏ Third Profit Target: 0.16900
โข Margin: 2-3% of Capital
โข Leverage: XXX
Market Predictions:
The DOGE USDT pair shows rejection from the resistance area between $0.18030 and $0.18044, with lower highs on the hourly chart.
Weak continuation of the bullish trend and declining trading volume indicate a potential short-term retracement towards the support level at 0.17100, and possibly lower. It is advisable to maintain a tight stop-loss due to the sharp volatility in the DOGE USDT pair.