$DOGE Buyers are being trapped as the candle approaches a strong resistance zone
$DOGE /USDT — Short 🔴
Trading plan:
Entry: 0.08321 – 0.08351
Stop loss: 0.083811
Target 1: 0.081858
Target 2: 0.080807
Target 3: 0.079756
Why this setup?
The Bollinger Band Width (BBW) compression at 0.0228 signals imminent volatility.
Long-position dominance at 72.24%, with a ratio of 2.60, increases the likelihood of a long squeeze.
The price is touching the entry zone of 0.08321 – 0.08351 on the 1-hour timeframe.
Did you enter the short trade to catch the drop toward the first target at 0.081858, or will you wait until you miss the opportunity? 👇
$DOGE (Reminder: Timeframe: 1h | Event: Whale Accumulation Squeeze)
This content is not investment advice. Do your own research (DYOR)
$DOGE /USDT — Short 🔴
Trading plan:
Entry: 0.08321 – 0.08351
Stop loss: 0.083811
Target 1: 0.081858
Target 2: 0.080807
Target 3: 0.079756
Why this setup?
The Bollinger Band Width (BBW) compression at 0.0228 signals imminent volatility.
Long-position dominance at 72.24%, with a ratio of 2.60, increases the likelihood of a long squeeze.
The price is touching the entry zone of 0.08321 – 0.08351 on the 1-hour timeframe.
Did you enter the short trade to catch the drop toward the first target at 0.081858, or will you wait until you miss the opportunity? 👇
$DOGE (Reminder: Timeframe: 1h | Event: Whale Accumulation Squeeze)
This content is not investment advice. Do your own research (DYOR)