$DOGE USDT short tread signal 🛑 🚦
BEARISH TURN AHEAD — SUPPLY ZONE REJECTION IN PLAY 🔻
Dogecoin just got slapped back from a key supply zone near 0.16590 — a textbook sign of bearish rejection. Price failed to break the resistance and is now sliding below key structure support. Bears are gaining momentum, and the next leg down may be swift if volume confirms. This is a clean short setup for precision traders.
🔴 Short Trade Setup
• Entry Zone: 0.16450 – 0.16560
• Take Profit 1: 0.16300
• Take Profit 2: 0.16170
• Stop Loss: 0.16620
📉 Market Outlook
Price action shows clear signs of exhaustion after testing the upper resistance band. Repeated rejection candles on the 30m chart indicate strong selling pressure. Momentum has shifted to the downside with lower highs forming. A drop toward the demand zone at 0.16170 is likely unless bulls step in with strength.
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