$DOGE DOGEUSDT.P | 1H:
Trade Idea: SHORT
Entry: 0.0935 – 0.0943
Stop Loss: 0.0952
TP1: 0.0927
TP2: 0.0919
TP3: 0.0905
DOGE is trading inside a clear range and has tapped the 0.0940 supply zone, showing rejection after failing to break higher. Price is respecting range highs and may rotate back toward mid-range demand.
Market Structure:
• Range-bound movement
• Equal highs tapped → rejection
• Lower timeframe weakness forming
Bias: Short-Term Bearish
As long as price stays below 0.0945, downside rotation remains likely.
Invalidation
1H close above 0.0950 invalidates the bearish setup.
Range high rejection → liquidity taken → rotation lower likely. Trade the range. Protect capital.
DOGEUSDT
Perp
0.09088
-0.86%