Dogecoin ($DOGE /USDT) – Bearish Rejection from 0.101 Zone 📉
Your structure is clean and technically aligned. Here’s a refined and slightly more professional breakdown for stronger trade clarity and risk framing:
📊 Market Context
#DOGE is currently trading around 0.09890 after multiple rejections near the 0.100–0.101 resistance zone. The repeated failure to sustain above psychological resistance (0.100) signals supply dominance. Short-term structure shows lower highs forming, indicating weakening bullish momentum.
Momentum remains fragile unless buyers reclaim 0.100 decisively
📉 Short Setup
Entry Zone: 0.0990 – 0.0996
Stop Loss: 0.1012
Targets:
• TP1: 0.09850
• TP2: 0.09800
• TP3: 0.09750
Risk-to-reward improves significantly if entry is closer to 0.0996 while maintaining the same SL
🔑 Key Levels
Immediate Resistance: 0.100 – 0.101
Major Resistance: 0.102
Immediate Support: 0.09850 – 0.09890
Major Support Zone: 0.09750 – 0.09700
A clean breakdown below 0.09850 with volume expansion would likely accelerate selling pressure toward the major support zone.
📌 Technical Notes
Multiple upper wicks near 0.101 confirm supply presence.
Lower-high formation on lower timeframes favors continuation.
Volume remains moderate — confirmation candle below support is ideal before entry.
If 0.100 is reclaimed with strong bullish volume, short bias becomes invalid.
🔎 Outlook
As long as price remains below 0.100–0.101, bearish pressure dominates short-term structure. However, this is a scalp-style setup — volatility compression suggests a potential expansion soon.
⚠️ Always wait for confirmation and manage risk strictly. Avoid overexposure in tight-range setups.
If you'd like, I can also format this into a cleaner Telegram-style signal post or add a higher timeframe bias section.