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DOGE longs beware, the 4-hour chart hides danger
$DOGE /USDT - short SHORT
Trading Plan:
Entry: 0.0773 – 0.0777
SL: 0.0794
TP1: 0.0761
TP2: 0.0752
TP3: 0.0738
Why focus on this structure?
- 1D trend is clearly bearish, 4H signal points to SHORT, confidence 95%.
- Current price 0.0775 is close to EMA resistance, RSI 15min at 62.54 not overbought, but rebound is weak.
- Why now? Key resistance 0.0777 has not been broken; once confirmed, shorts will accelerate.
Discussion:
Will this short wave directly hit TP2 0.0752, or will it first rebound to trap bulls and then drop?