$DOGE is starting to lose momentum after several attempts to push higher, and I'm watching the latest drop below the MA60. Price is now sitting near the lower end of the recent movement, so a short setup could develop if sellers keep control—but I want confirmation first.
DOGE/USDT is trading at 0.07896, just below the visible MA60 at 0.07902. The chart shows repeated rejections around 0.07911–0.07916, while 0.07891 is the first nearby downside level.
📍 Entry: 0.07902–0.07904 after a failed reclaim 🎯 TP1: 0.07891 🎯 TP2: 0.07884 🎯 TP3: Not justified by the visible chart 🛑 Invalidation: Above 0.07916
For me, the short becomes more interesting if DOGE retests the moving average, gets rejected, and continues lower. The recent decline supports that idea, but the price range is tight and the chart alone doesn't confirm a sustained downtrend.
If price reclaims 0.07904 and pushes toward the recent highs, I'd be cautious; a move above 0.07916 would invalidate this short idea.
My plan: wait for a failed reclaim before considering an entry. These are very short-term levels, and if price stays choppy around the MA60, I'd rather skip the trade than force it.
DOGE/USDT is trading at 0.07896, just below the visible MA60 at 0.07902. The chart shows repeated rejections around 0.07911–0.07916, while 0.07891 is the first nearby downside level.
📍 Entry: 0.07902–0.07904 after a failed reclaim 🎯 TP1: 0.07891 🎯 TP2: 0.07884 🎯 TP3: Not justified by the visible chart 🛑 Invalidation: Above 0.07916
For me, the short becomes more interesting if DOGE retests the moving average, gets rejected, and continues lower. The recent decline supports that idea, but the price range is tight and the chart alone doesn't confirm a sustained downtrend.
If price reclaims 0.07904 and pushes toward the recent highs, I'd be cautious; a move above 0.07916 would invalidate this short idea.
My plan: wait for a failed reclaim before considering an entry. These are very short-term levels, and if price stays choppy around the MA60, I'd rather skip the trade than force it.