DOGECOIN $DOGE BREAKING DOWN FROM RESISTANCE! BEARS READY TO SLAM IT TO $0.09132?
Pair: $DOGE /USDT
Direction: SHORT
Entry Zone: 0.09400 – 0.09430
Target Levels (Take Profit)
TP 1: 0.09249 1.88%
TP 2: 0.09132 3.12%
Stop Loss
SL: 0.09661
Technical Breakdown
Price Action: After a brief attempt to build upward momentum, price ($0.09424) experienced immediate rejection at the higher boundaries, printing a heavy bearish candle through local support.
Moving Averages & Bollinger Bands: Price has sliced down through MA 7 and MA 25, threatening a retest of the lower Bollinger Band line as moving average slopes turn downward.
Indicators: RSI (14) has dropped sharply from near-overbought conditions, pointing downward with fast momentum. MACD histogram has flipped negative as signal lines cross to the downside, confirming accelerating sell volume.
$DOGE
Pair: $DOGE /USDT
Direction: SHORT
Entry Zone: 0.09400 – 0.09430
Target Levels (Take Profit)
TP 1: 0.09249 1.88%
TP 2: 0.09132 3.12%
Stop Loss
SL: 0.09661
Technical Breakdown
Price Action: After a brief attempt to build upward momentum, price ($0.09424) experienced immediate rejection at the higher boundaries, printing a heavy bearish candle through local support.
Moving Averages & Bollinger Bands: Price has sliced down through MA 7 and MA 25, threatening a retest of the lower Bollinger Band line as moving average slopes turn downward.
Indicators: RSI (14) has dropped sharply from near-overbought conditions, pointing downward with fast momentum. MACD histogram has flipped negative as signal lines cross to the downside, confirming accelerating sell volume.
$DOGE
