🚨 Analysis $DOGE /USDT: Warning of a huge bullish trap! 🐻📉
Hello traders! 👋 $DOGE has risen by +5%, but whale data reveals a concerning reality. Big money is betting heavily against this move.
Important statistics:
Buy/Sell Ratio (Long/Short) is very low at 27.97% 📉 Over 1,000 smart traders and whales are in sell positions and sitting on profits estimated at 14 million dollars 💰
In contrast, about 400 whales in buy positions are stuck with losses estimated at 5.7 million dollars as they enter near 0.119$ 🩸
Over the last 30 minutes, the selling volume (1.4 million dollars) is nearly 3 times the buying volume. This rise could be bait for retail traders before a new downward wave. We are following the winning whales! 🔻
📋 Trading Plan (Bearish Rejection):
🪙 Currency: $DOGE (Perpetual Contracts)
📊 Trend: Sell 🔴
➡️ Entry Zone: 0.0935 – 0.0955
🎯 Target 1: 0.0890
🎯 Target 2: 0.0840
🎯 Target 3: 0.0780
🛑 Stop Loss: 0.1010
⚙️ Leverage: 10x – 20x (Manage risk carefully)
⚠️ Note: Don't be fooled by green candles. High selling volume indicates a potential reversal soon. Trade safely! 🐋💸
Trade here 👇
