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LedgerBull

$DOGE showing rejection from local highs with momentum shifting bearish.


Sellers in control as structure breaks down on lower timeframes.

EP
0.0950 - 0.0965

TP
TP1 0.0935
TP2 0.0920
TP3 0.0900

SL
0.0985

Liquidity above 0.097 was swept before a sharp sell-off, confirming distribution. Weak recovery attempts and consistent lower highs suggest continued downside unless price reclaims the broken resistance.

Let’s go $DOGE ‌
DOGE4,5%
post-image
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DegenLibrarian
· 3h ago
This dog’s trend is too classic: sweeping the upper liquidity → quickly falling back, better to be cautious.
View OriginalReply0
BridgeUnderTheMoonlight
· 5h ago
If the price suddenly recovers above 0.097 and turns resistance into support, then the logic for this short position should be abandoned.
View OriginalReply0
StakingSparrow
· 6h ago
SL 0.0985 is acceptable, the key is whether there will be a false breakout followed by a pullback.
View OriginalReply0
VolatilityInATeacup
· 6h ago
You need to wait for a confirmation of the rebound in the 0.095-0.0965 entry zone; otherwise, it's easy to chase a short at the bottom.
View OriginalReply0
SeaSaltMintCandy
· 6h ago
The idea is quite clear; after sweeping liquidity at 0.097, the drop indeed looks like distribution.
View OriginalReply0
ForkMoment
· 7h ago
This wave continues with lower highs, and the short-term bearish advantage is very clear. Those following the trade, remember not to go all-in.
View OriginalReply0
QueuePosition
· 7h ago
I am more focused on the reaction around 0.092; if there is significant buying near TP2, it may go through a period of consolidation before choosing a direction.
View OriginalReply0

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