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Is a 95% win-rate bearish signal for DOGE—would you dare to follow it?
$DOGE /USDT - SHORT sell
Trading plan:
Entry: 0.07382 – 0.07404
SL: 0.07501
TP1: 0.07312
TP2: 0.07258
TP3: 0.07177
Why focus on this setup?
- The 4-hour chart confirms the SHORT direction, and the daily trend is clearly bearish.
- RSI on the 15-minute timeframe is only 43.85; it hasn’t hit oversold, and there’s still room for downside.
- The current price of 0.07393 is right at the EMA resistance, and the first TP at 0.07312 is just one step away.
- Why now? The bearish momentum hasn’t fully faded; the entry is precise, and SL at 0.07501 provides a safety buffer.
Discussion:
Will this move first to TP2 at 0.07258, or is it a bull trap rebound?