🚨 While many expect $DOGE to keep pushing after recent hype, the structure suggests a potential exhaustion phase with downside risk building.
📉 $DOGE – SHORT 🔴
🎯 Trade Plan:
📊 Entry: 0.165 – 0.175
🛑 SL: 0.188
🎯 TP1: 0.150
🎯 TP2: 0.135
🎯 TP3: 0.120
⚡ Why this setup?
$DOGE is showing signs of weakness after a sharp move, with price struggling to maintain higher highs. The recent bounce looks overextended and is entering a key resistance zone.
Structure: Possible lower high forming → bearish signal
Volume: Not increasing → weak continuation
Momentum: Slowing → buyers losing control
This suggests the move up may be a final push before a pullback, increasing the probability of downside rotation.
🤔 Debate:
Is this just a healthy correction before continuation, or the start of a deeper drop?
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