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Entry Range: 0.092 – 0.094 Short
Stop Loss: 0.098
Targets:
TP1: 0.089
TP2: 0.086
TP3: 0.082
Market Analysis:
DOGE encountered resistance at the key 0.10 level and pulled back, forming a clear bearish correction structure on the 4-hour chart.
Currently trading below the MA7 moving average, approaching the MA25 support, with bullish momentum continuing to weaken.
If the price cannot regain stability above 0.094, the bears are likely to gain further strength, testing the support levels at 0.089 and 0.086. 📉
Interactive Question:
Do you think DOGE can retake the 0.095 level, or will it continue to decline toward the 0.086 range?