🐕 $DOGE /USDT – Bounce or Breakout Trap?

Market Snapshot:

$DOGE slid from 0.2557 → 0.2173 (-15%) and is now attempting a small recovery toward 0.228–0.229.

On the 2H chart, price is pressing against the mid-Bollinger band, while the 4H remains capped below MB at 0.2348.

Potential Trade Setup (Futures 5×–8× Perp or Spot):

Short Bias Plan:

🔹 Sell Zone: 0.2295–0.2310

🔹 Stop Loss: 0.2349

🎯 Target 1: 0.2240 — intraday floor

🎯 Target 2: 0.2190 — previous swing low

🎯 Target 3: 0.2165 — lower Bollinger zone

Bearish Clues in Play:

✅ Price holding under 4H MB & MA10

✅ MACD remains negative across both timeframes

✅ RSI hovering mid-40s — no strong momentum

✅ Bounce occurring on lighter volume

✅ 0.234–0.235 resistance zone still rejecting

Risk Note: Keep exposure small; be ready for unpredictable Elon/tweet-driven spikes that can flip momentum fast.

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