Trading Plan Short $DOGE
$DOGE broke below 1H EMA21/50, confirming the bearish alignment across all timeframes.
Entry: $0.06946-$0.07006
Stoploss: $0.07180
Targets: $0.06900 / $0.06730 / $0.06450
DOGE lost the 0.06995 support, now trading below all EMAs on the 1H, which aligns with 4H and 1D bearish trends. The Bollinger Bands are expanding, indicating volatility is picking up as price pushes lower. Taker sell volume dominates, while retail longs are heavily positioned, setting up a potential squeeze. Reclaiming $0.07180 invalidates this short thesis.
Trade $DOGE here 👇
$DOGE broke below 1H EMA21/50, confirming the bearish alignment across all timeframes.
Entry: $0.06946-$0.07006
Stoploss: $0.07180
Targets: $0.06900 / $0.06730 / $0.06450
DOGE lost the 0.06995 support, now trading below all EMAs on the 1H, which aligns with 4H and 1D bearish trends. The Bollinger Bands are expanding, indicating volatility is picking up as price pushes lower. Taker sell volume dominates, while retail longs are heavily positioned, setting up a potential squeeze. Reclaiming $0.07180 invalidates this short thesis.
Trade $DOGE here 👇