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【$DOGE Signal】Bear pressure, weak rebound
$DOGE 1H level buying continues to shrink, price is suppressed below EMA20. After the 4H MACD death cross, the histogram remains expanding, and the lower Bollinger Band at 0.0905 creates attraction. Market depth shows that the sell wall above 0.0911 is much thicker than the buy orders below, indicating clear resistance to a rebound.
🎯Direction: Short
⚡Entry: Enter directly around the current price of 0.09107
🛑Stop loss: 0.09350
🚀Target 1: 0.09128
🚀Target 2: 0.09054
🛡️Trade management: - Execute strategy: After the price reaches 0.09128, halve the position, and move the remaining stop loss down to the entry price. If the price cannot effectively break below 0.09085, consider exiting early.
Funding rate turns negative but open interest remains stable, indicating that bears have not exited in large numbers. The 1-hour RSI hovers around 35, lacking rebound momentum. The current risk-reward ratio is acceptable, but be alert to the dense order zone around 0.0905 below, which may trigger a short-term rebound.
Check real-time market 👇 $DOGE
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