š¶ $DOGE SHORT SETUPš“
After a strong impulsive push up, DOGE is showing clear rejection near the recent highs around 0.1185. Momentum is slowing and price is starting to roll over on the 1H timeframe.
š Entry: 0.1128 ā 0.1135
š Stop Loss: 0.1186 (above recent high & liquidity sweep)
šÆ Targets:
⢠TP1: 0.1100
⢠TP2: 0.1050
⢠TP3: 0.1015
Why this trade?
⢠Parabolic move ā likely cooldown
⢠Rejection from local resistance
⢠Early signs of lower high formation
⢠Risk-to-reward favors downside continuation
If bears maintain pressure below 0.1130, expect continuation toward the imbalance zone below.
Manage risk properly. Donāt overleverage.
click below to shortšš»
#PEPEBrokeThroughDowntrendLine #TradeCryptosOnX #MarketRebound
After a strong impulsive push up, DOGE is showing clear rejection near the recent highs around 0.1185. Momentum is slowing and price is starting to roll over on the 1H timeframe.
š Entry: 0.1128 ā 0.1135
š Stop Loss: 0.1186 (above recent high & liquidity sweep)
šÆ Targets:
⢠TP1: 0.1100
⢠TP2: 0.1050
⢠TP3: 0.1015
Why this trade?
⢠Parabolic move ā likely cooldown
⢠Rejection from local resistance
⢠Early signs of lower high formation
⢠Risk-to-reward favors downside continuation
If bears maintain pressure below 0.1130, expect continuation toward the imbalance zone below.
Manage risk properly. Donāt overleverage.
click below to shortšš»
#PEPEBrokeThroughDowntrendLine #TradeCryptosOnX #MarketRebound