Trading Plan Short $DOGE
$DOGE flushed below its lower Bollinger Band. Time to fade the retest.
Entry: $0.06946-$0.06996
Stoploss: $0.07080
Targets: $0.06900 / $0.06750 / $0.06500
DOGE broke 0.06955 support. RSI is bearish. Price sits below all EMAs. Taker sell volume dominates, shorts are aggressive. Retail longs are very crowded, ripe for a squeeze down. This looks like clean distribution. Reclaim $0.07080, short voided.
Trade $DOGE here 👇
$DOGE flushed below its lower Bollinger Band. Time to fade the retest.
Entry: $0.06946-$0.06996
Stoploss: $0.07080
Targets: $0.06900 / $0.06750 / $0.06500
DOGE broke 0.06955 support. RSI is bearish. Price sits below all EMAs. Taker sell volume dominates, shorts are aggressive. Retail longs are very crowded, ripe for a squeeze down. This looks like clean distribution. Reclaim $0.07080, short voided.
Trade $DOGE here 👇