$DOGE USDT BEARISH BREAKDOWN — MOMENTUM FAVORS THE SELLERS 🔻
DOGE just broke down with a strong bearish engulfing candle, slicing through minor support and confirming increased selling pressure. The sharp drop suggests a continuation of the downtrend as bulls failed to defend the 0.154 zone. Sellers are now in control, and price action is pointing toward deeper levels.
Trade Setup:
Short Entry: 0.1489
Take Profits: 0.1415 / 0.1400
Stop Loss: 0.1516
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
With a 3.6% intraday drop and strong volume spike, DOGE is signaling further downside. Unless reclaimed quickly, the breakdown exposes the next key supports. Trend remains bearish below 0.1516.
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