$DOGE The meme king under pressure 🩸

DOGEUSDT

Perp

0.09328

+2.14%

Trading plan [Sell / Short] 🔴

Entry: 0.09100$ - 0.09180$

Targets (Scalp):

First target: 0.08950$

Second target: 0.08880$

Third target: 0.08800$

Stop loss: 0.09350$

Reasons:-

1. Negative reversal: The SuperTrend indicator on the hourly frame turned red at 0.09244$, confirming the sellers' control.

2. Resistance rejection: The currency failed to maintain levels above 0.09300$ with the formation of negative candles with long upper wicks.

3. Support break: The price broke the previous accumulation area, turning it now into a strong resistance zone that prevents upward movement.

4. Weak rebound: The current green candle lacks real buying volume, making a continued drop to test the lows likely.

$DOGE Will it drop to lower levels? 🩸