$DOGE — SHORT
Entry 0.0886 – 0.0894
SL 0.0913
TP1 0.0838
TP2 0.0784
The two heaviest sessions of the week were both selling sessions. The subsequent rebound played out on declining volume.
On 07/10 and 08/10, $DOGE dropped for two consecutive sessions, down 4.96% and 5.6%, with over $110 million in volume each session—the heaviest of the week. Volume tapered off during the rebound that followed, falling to $40 million and then $3 million.
Price is climbing back toward the 0.0886–0.0894 zone, which has rejected it twice before, while the weekly and monthly charts remain below EMA20/50. I’m waiting for a move back up to this zone before entering; a 4h candle close above 0.0913 cancels the trade.
Personal observation, not investment advice
#DOGE #Dogecoin #Altcoin #CryptoTrading
Entry 0.0886 – 0.0894
SL 0.0913
TP1 0.0838
TP2 0.0784
The two heaviest sessions of the week were both selling sessions. The subsequent rebound played out on declining volume.
On 07/10 and 08/10, $DOGE dropped for two consecutive sessions, down 4.96% and 5.6%, with over $110 million in volume each session—the heaviest of the week. Volume tapered off during the rebound that followed, falling to $40 million and then $3 million.
Price is climbing back toward the 0.0886–0.0894 zone, which has rejected it twice before, while the weekly and monthly charts remain below EMA20/50. I’m waiting for a move back up to this zone before entering; a 4h candle close above 0.0913 cancels the trade.
Personal observation, not investment advice
#DOGE #Dogecoin #Altcoin #CryptoTrading