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$DOGE USDT BEARISH BREAKDOWN – DOGE STRUGGLES TO HOLD SUPPORT
DOGEUSDT is showing clear bearish momentum on the 15m timeframe as it continues to trade below the mid Bollinger Band. The price failed to reclaim the resistance near $0.15968 and is currently consolidating after a sharp decline towards the lower band.
🔻 TRADE SETUP (SHORT)
Entry: 0.15950 – 0.16000
Targets:
• TP1: 0.15850
• TP2: 0.15750
Stop Loss: 0.16100
📉 MARKET OUTLOOK:
DOGE remains under pressure with sellers in control. Continuous rejection from the mid Bollinger Band indicates weakness. Unless it breaks above $0.16100, the bearish trend is likely to continue towards deeper supports.
⚠️ Risk Management:
Use strict stop-loss to manage risk as quick volatility may trigger wicks. Allocate max 2-3% of wallet per trade.
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