🚨 MAJOR ORDER FLOW IMBALANCE: $DOGEUSDT
Institutional volume is showing a clear exhaustion pattern. We are seeing a failure to sustain higher lows, signaling a Market Structure Break (MSB) on the lower timeframes. Price is currently reacting to a heavy supply zone where liquidity is being grabbed before a projected reversal. This is a classic Change of Character (CHOCH) setup; we enter here to capitalize on the shift from bullish to bearish momentum. RISK MANAGEMENT is non-negotiable.
ENTRY: 0.06888 $DOGE
SL: 0.07144
TP1: 0.06400
TP2: 0.05900
RR: 1:3.5
Is $DOGE hitting a local top or is this just a deeper correction for a supply flip?
#DOGEUSDT #BinanceSquare #SlowSclap #TradingAnalysis
Institutional volume is showing a clear exhaustion pattern. We are seeing a failure to sustain higher lows, signaling a Market Structure Break (MSB) on the lower timeframes. Price is currently reacting to a heavy supply zone where liquidity is being grabbed before a projected reversal. This is a classic Change of Character (CHOCH) setup; we enter here to capitalize on the shift from bullish to bearish momentum. RISK MANAGEMENT is non-negotiable.
ENTRY: 0.06888 $DOGE
SL: 0.07144
TP1: 0.06400
TP2: 0.05900
RR: 1:3.5
Is $DOGE hitting a local top or is this just a deeper correction for a supply flip?
#DOGEUSDT #BinanceSquare #SlowSclap #TradingAnalysis