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LedgerBull

$DOGE5L showing strong downside reaction after rejection from local highs.


Sellers in control with structure shifting bearish on lower timeframes.

EP
0.0162 - 0.0168

TP
TP1 0.0155
TP2 0.0148
TP3 0.0140

SL
0.0175

Liquidity above 0.0173 was tapped before a sharp sell-off, confirming distribution. Weak recovery and continued lower highs suggest downside continuation unless price reclaims resistance.

Let’s go $DOGE5L ‌
DOGE5L23,42%
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GateUser-3e7da866
· 5h ago
Liquidity above 0.0173 gets swept and then crashes, typical distribution vibe.
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ForkMoment
· 5h ago
The EP range is decent; I will wait until around 0.0162 to confirm before entering, don't chase after the knife edge.
View OriginalReply0
RugpullTherapist
· 5h ago
SL 0.0175 here is very reasonable; if it breaks, it indicates the structure is being recycled, so don't force it.
View OriginalReply0
Neon-LitStreetsAfterTheRain
· 5h ago
The partial profit-taking approach from TP1 to TP3 is good, especially in this downward trend, don't be greedy.
View OriginalReply0
NonceNomad
· 5h ago
Your plan is quite clear: sweep high-position liquidity → go short → take profits in batches according to the trend; discipline in execution is more important than the specific entry points.
View OriginalReply0
ThereIsAChainInTheReflection.
· 5h ago
I'm more concerned about the 0.0148 level; if it breaks below, it might directly drop to test 0.0140.
View OriginalReply0
L2ArbitrageTrader
· 5h ago
Weak rebound + continuous lower highs, feels like it needs to be washed out again, first see if 0.0155 can hold steady.
View OriginalReply0

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