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Why I’m shorting DOGE when everyone expects a pump—here’s the ugly truth.
$DOGE /USDT - SHORT
Trade Plan:
Entry: 0.08731 – 0.08767
SL: 0.08917
TP1: 0.08623
TP2: 0.08539
TP3: 0.08413
Why this setup?
- 4h trend is bearish with 95% confidence, and price is rejecting the 0.08749 level.
- RSI on 15m sits at 42.58, still in bearish territory—no momentum shift yet.
- ATR shows low volatility on 1h (0.000701), meaning a breakdown from here could be swift.
- Entry zone is tight at 0.08731–0.08767, with TP3 targeting 0.08413—a 3.8% drop.
Debate:
Are you scaling into shorts here or waiting for a retest of 0.08817 to invalidate?