$DOGE
SHORT — BEARISH REVERSAL SETUP
DOGE has completed a strong corrective recovery from the 0.0828–0.0830 area and is now testing a key resistance/supply zone around 0.0843–0.0847.
The previous structure remains bearish, while the current rally is being treated as a retracement into resistance rather than a confirmed trend reversal.
Short Entry Zone: 0.08435–0.08474
Stop Loss: 0.08524
TP1: 0.08370
TP2: 0.08300
TP3: 0.08250
Final Target: 0.08150
The setup requires rejection from the current resistance zone. A move back below 0.08430 strengthens the bearish confirmation, while acceptance above 0.08474 weakens the immediate short thesis.
The final invalidation remains 0.08524. If price breaks and holds above this level, the short setup is cancelled.
Bias: SHORT
Current Status: Waiting for bearish confirmation
Main Target: 0.08150
Execution over prediction.