$DOGE /USDT Bearish Pressure Building 🐕📉
$DOGE's short-term recovery attempt was rejected near $0.2245, forming a bearish candle and pushing price back to $0.2212. With increasing lower highs and failed breakouts, DOGE may retest $0.2180 if sellers maintain control.
*Trade Setup:*
- *Type:* SHORT
- *Entry:* $0.2220 - $0.2240
- *Stop Loss:* $0.2265
- *Targets:*
- *Target 1:* $0.2195
- *Target 2:* $0.2175
- *Target 3:* $0.2150
*Why Short $DOGE?*
- Fresh rejection near $0.2245
- Bearish candle formation
- Increasing lower highs indicate weakening bullish momentum
*Additional Tips:*
- Monitor price action around $0.2245 for confirmation
- Keep SL tight to manage risk
- Trail stop once Target 1 hits to lock in gains
*Join the Conversation! 💬*
Share your thoughts on $DOGE's price action! Will it retest $0.2180?
