$DOGE is approaching a critical price zone where sellers could gain the upper hand if buyers fail to defend the current support structure. A confirmed breakdown may expose lower levels and create an opportunity for a potential bearish continuation. However, watch for rejection and confirmation before entering, as a recovery in buying pressure could change the outlook.
Trading Idea: Short $DOGE
Entry: 0.0845 – 0.0880
SL: 0.0925
TP1: 0.0825
TP2: 0.0800
TP3: 0.0775
Monitor price action closely around the entry zone. If bearish momentum strengthens, the listed targets may come into focus. A move above the stop-loss level would invalidate this setup, so manage your risk and avoid overleveraging.
DYOR (Do Your Own Research).
Trading Idea: Short $DOGE
Entry: 0.0845 – 0.0880
SL: 0.0925
TP1: 0.0825
TP2: 0.0800
TP3: 0.0775
Monitor price action closely around the entry zone. If bearish momentum strengthens, the listed targets may come into focus. A move above the stop-loss level would invalidate this setup, so manage your risk and avoid overleveraging.
DYOR (Do Your Own Research).