$DOGE USDT short tread signal ๐Ÿ›‘

BEARISH REJECTION FROM SUPPLY โ€” DOWNSIDE MOVE UNFOLDING ๐Ÿ”ป

After a strong rally into resistance, $DOGEUSDT is now showing signs of exhaustion below the 0.170 zone โ€” a major supply block where sellers have stepped in again. Price has rejected the upper resistance band and is forming a bearish setup with potential downside continuation in the short term.

๐Ÿ”นTRADE SETUP (SHORT):

Entry Zone: 0.16450 โ€“ 0.16550

Take Profits:

โ€ข TP1: 0.16000

โ€ข TP2: 0.15700

โ€ข TP3: 0.15598

Stop Loss: 0.17055

Risk Allocation: 2โ€“3% of wallet

Leverage: 10x

๐Ÿ“‰ MARKET OUTLOOK:

Momentum is fading near resistance. Price is trapped under a key zone with repeated rejections and loss of bullish follow-through. Bearish engulfing signs on the 1H chart further support a potential breakdown toward previous demand levels around 0.156. A close below 0.164 would likely accelerate selling pressure.

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