$DOGE: Major Support Breakdown Confirmed on $DOGE Higher Timeframes
SHORT SETUP DOGE
Entry: $0.08004 - $0.08007
Stop Loss: $0.08286
Take Profit: $0.07444 (2R)
Key Levels: Support $0.08004 | Resistance $0.08219
Technical Analysis for $DOGE: DOGEUSDT sits below the 9, 21 and 50EMA, with a negative MACD histogram and RSI at 32.8. Price hugs the lower Bollinger band and the order book shows a modest bid imbalance, all pointing to bearish momentum toward the 0.08004 support. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish
Market Context: BTC is in a bearish 4hour trend and down 2.6% over 24 h, while the broader market is broadly negative with 93.5%
SHORT $DOGE
SHORT SETUP DOGE
Entry: $0.08004 - $0.08007
Stop Loss: $0.08286
Take Profit: $0.07444 (2R)
Key Levels: Support $0.08004 | Resistance $0.08219
Technical Analysis for $DOGE: DOGEUSDT sits below the 9, 21 and 50EMA, with a negative MACD histogram and RSI at 32.8. Price hugs the lower Bollinger band and the order book shows a modest bid imbalance, all pointing to bearish momentum toward the 0.08004 support. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish
Market Context: BTC is in a bearish 4hour trend and down 2.6% over 24 h, while the broader market is broadly negative with 93.5%
SHORT $DOGE