🔴 $DOGE SHORT setup · 15m
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 0.06771
🎯 TP 0.06520 (+3.70%)
🛑 SL 0.06866 (-1.40%)
⚖️ Risk / Reward 1 : 2.64
Why it triggered
✅ Rule triggers met: Breakdown M5, Supertrend bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 47.9: momentum still has room, not overextended
The breakdown below key moving averages, coupled with the bearish Supertrend, signals immediate downward pressure. Momentum remains, suggesting further downside room.
👀 Watch: A decisive break below the lower support level confirms the bearish move.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 0.06771
🎯 TP 0.06520 (+3.70%)
🛑 SL 0.06866 (-1.40%)
⚖️ Risk / Reward 1 : 2.64
Why it triggered
✅ Rule triggers met: Breakdown M5, Supertrend bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 47.9: momentum still has room, not overextended
The breakdown below key moving averages, coupled with the bearish Supertrend, signals immediate downward pressure. Momentum remains, suggesting further downside room.
👀 Watch: A decisive break below the lower support level confirms the bearish move.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
