$DOGE Rejecting Local Resistance ⚠️📉. MARKET UPDATE 🚨
$DOGE just tapped back into a previously rejected resistance zone after the recent relief bounce — and the reaction is clear.
Momentum is stalling.
Price is struggling to build acceptance above this level, and upside follow-through is fading. The candles are showing hesitation, and seller presence is becoming obvious around the local ceiling.
This isn’t breakout behavior.
This looks like distribution under resistance.
If bulls cannot reclaim higher highs with strength, continuation lower remains the cleaner scenario. 🔴 SHORT $DOGE
Trade Setup:
Entry Range: $0.089 – $0.091
Stop Loss: $0.096
Targets:
🎯 TP1: $0.083
🎯 TP2: $0.076
🎯 TP3: $0.068
Clean invalidation above 0.096.
If price accepts and holds above resistance, the short thesis is dead. Risk Warning
Markets move fast.
• A strong reclaim and hold above resistance cancels this idea
• Sudden BTC volatility can flip the structure instantly
• Fake breakdowns are common
• Always use a stop loss
• Never overleverage
Protect capital first.
Discipline over emotion.
If this rejection confirms, downside targets can hit quickly.
Short $DOGE 👇
Comment “DOGE” if you’re tracking this move.
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