$DOGE
Short Setup
EP: $0.1145 to $0.1180
TP1: $0.1050
TP2: $0.0950
TP3: $0.0800
SL: $0.1235
DOGE is trading inside a broader bearish structure, and the recent upward movement appears to be a corrective bounce into a prior supply zone. Price reacted quickly on the first test of this area, showing that sellers are still active and that the market has not accepted higher prices above this range.
Trend strength remains weak on the higher timeframe. The sequence of lower highs is still intact, and price continues to trade below key resistance levels, which keeps the overall structure tilted to the downside.
Momentum and structure bias favor further decline while price remains below $0.1235. Liquidity is concentrated under recent swing lows near $0.1050 and deeper support levels around $0.0950 and $0.0800, making these zones natural downside targets once selling pressure resumes.