$DOGE /USDT TECHNICAL ANALYSIS: SHORT TRADE SIGNAL

Trade Setup:

Short Entry: Below $0.20919

TP1: $0.20585

SL: $0.22839

Short Outlook of Market:

The DOGE/USDT chart indicates a strong bearish momentum. Following a sharp spike to $0.24496, the price has undergone a significant correction. The recent price action shows a series of red candles, with the current price of $0.20919 at the lower end of the recent range. The 24-hour low of $0.20585 is the nearest support level. The overall market outlook for this pair is bearish in the short term, with a potential for a continued downtrend if the support level is broken.

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