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DOGE bulls are still holding up, but the RSI has already broken a key level.
$DOGE /USDT - SHORT
Trading plan:
Entry: 0.07361 – 0.07387
SL: 0.07499
TP1: 0.07280
TP2: 0.07217
TP3: 0.07123
Why focus on this structure?
On the 4-hour timeframe, the EMA has a bearish cross, RSI 41.51 has been continuously weakening, and the 1-day trend is clearly bearish. Entering SHORT now, TP1 is at 0.07280, TP2 at 0.07217, and SL is set at 0.07499— the risk-reward ratio is reasonable.
Discussion:
Will this short hit TP1 first, or will it break straight through TP2?