$DOGE — Weak Bounce, Distribution Risk
The recent push higher stalled quickly, and early sell pressure showed up on the first test of resistance. This suggests the move is corrective, not a trend reversal. Buyers are failing to gain acceptance above this zone, keeping downside continuation in play.
SHORT Setup
Entry: 0.093 – 0.096
Stop Loss: 0.105
Targets
• TP1: 0.088
• TP2: 0.083
• TP3: 0.079
Momentum is rolling over again, and strength continues to get sold into. As long as price remains below resistance, the path of least resistance favors lower levels.
Manage risk strictly and adjust position size accordingly.
DOGEUSDT
Perp
0.10164
-12.77%