$DOGE hit goes in fast!
This big bullish candle looks like a rebound, but take a closer look and it’s all water—Bollinger’s upper band at 0.09617 is firmly capping it. Even on a rebound, it can’t even touch 0.095 and gets knocked back down. MACD is still negative; the red histogram bars are about to shrink away. Volume also isn’t cooperating to expand—this rebound is basically a bull trap (bait).
Below, 0.08806—the lower band—is already beckoning.
Entry: 0.09270
Stop loss: 0.09617
Take profit: 0.08766
$DOGE - Sell / Down 🔻
Enter from below👇
This big bullish candle looks like a rebound, but take a closer look and it’s all water—Bollinger’s upper band at 0.09617 is firmly capping it. Even on a rebound, it can’t even touch 0.095 and gets knocked back down. MACD is still negative; the red histogram bars are about to shrink away. Volume also isn’t cooperating to expand—this rebound is basically a bull trap (bait).
Below, 0.08806—the lower band—is already beckoning.
Entry: 0.09270
Stop loss: 0.09617
Take profit: 0.08766
$DOGE - Sell / Down 🔻
Enter from below👇
