$DOGE - SHORT breakout setup (x50)
POV: you flip to the 30-minute and every market order is a sell.
Not going to dress this up - the first one hit its stop. Same read, same size, nothing proven yet either way.
- 56.7% of market orders on the 30-minute are sells, so sellers are hitting the bid and buyers are stepping back.
- That favors the short side here, with price already inside the entry zone and the stop 0.6% from entry.
What would make you doubt 56.7% sell flow here?
TRADE PLAN
Entry zone: 0.0777 - 0.0778 (ref 0.07777)
TP1: 0.0773 (+0.63%)
TP2: 0.0769 (+1.12%)
TP3: 0.0763 (+1.84%)
Stop loss: 0.0782 (-0.60%)
⚠️ Personal market insight, not investment advice. DYOR.
POV: you flip to the 30-minute and every market order is a sell.
Not going to dress this up - the first one hit its stop. Same read, same size, nothing proven yet either way.
- 56.7% of market orders on the 30-minute are sells, so sellers are hitting the bid and buyers are stepping back.
- That favors the short side here, with price already inside the entry zone and the stop 0.6% from entry.
What would make you doubt 56.7% sell flow here?
TRADE PLAN
Entry zone: 0.0777 - 0.0778 (ref 0.07777)
TP1: 0.0773 (+0.63%)
TP2: 0.0769 (+1.12%)
TP3: 0.0763 (+1.84%)
Stop loss: 0.0782 (-0.60%)
⚠️ Personal market insight, not investment advice. DYOR.