【$DOGE Signal】Bear pressure, short on rebound

$DOGE 1H level rebound is weak, price is firmly suppressed by EMA20. The 4H Bollinger Band lower band at 0.0905 is repeatedly tested, with buy depth imbalance exceeding 10%, and although there are many orders below, active buying willingness is very low. MACD double lines are glued below, and the bearish momentum bars are shrinking slowly. Under this structure, any rebound appears pale.

🎯Direction: Short

⚡Entry: Short directly at current price around 0.09107, or add to short on rebound to 0.0915-0.0920 zone.

🛑Stop loss: 0.09350

🚀Target 1: 0.09128

🚀Target 2: 0.09054

🛡️Trade management:
- Execution strategy: After reaching the first target, halve the position, and move the remaining stop loss down to the entry price. If the price rebounds and breaks above 0.0920 and stabilizes for an hour, cancel this order and do not hold through.

Order book sell orders are clearly stacked above 0.0911, funding rate turns negative but open interest remains stable, which is not a healthy bottoming signal. 1-hour RSI is stuck around 35 and cannot go higher, combined with shrinking volume, bulls have no decent resistance. The risk-reward ratio is here, worth a try, but keep the position light. This kind of downward trend is the most frustrating.

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