$DOGE: High Conviction Short Opportunity as $DOGE Tests Supply Wall
SHORT SETUP DOGE
Entry: $0.07730 - $0.07737
Stop Loss: $0.08007
Take Profit: $0.07186 (2R)
Key Levels: Support $0.07598 | Resistance $0.07737
Technical Analysis for $DOGE: RSI at 46.6 and stochastic K below D suggest neutraltobearish pressure. ADX above 30 confirms a strong trend. Price sits under EMA9/21 and below the 1hour resistance at 0.07737, supporting a short bias overall. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend and the broader market shows a broadly negative breadth with 65.6% red coins, adding pressure
SHORT $DOGE
SHORT SETUP DOGE
Entry: $0.07730 - $0.07737
Stop Loss: $0.08007
Take Profit: $0.07186 (2R)
Key Levels: Support $0.07598 | Resistance $0.07737
Technical Analysis for $DOGE: RSI at 46.6 and stochastic K below D suggest neutraltobearish pressure. ADX above 30 confirms a strong trend. Price sits under EMA9/21 and below the 1hour resistance at 0.07737, supporting a short bias overall. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend and the broader market shows a broadly negative breadth with 65.6% red coins, adding pressure
SHORT $DOGE
