sell
Bearish Outlook on DOGEUSDT with Short Entry at $0.15789
The current analysis suggests a short position on DOGEUSDT starting from $0.15789, with a stop loss at $0.15867. The 15-minute timeframe shows DOGE declining along a sloped line, with decreasing buying volumes indicating a bearish trend characterized by major sellers. A clear support level has formed, accumulating a significant liquidity pool behind it. Observing the movement along this support with active sell orders suggests a potential breakout. The partial closing targets are set at $0.15529, $0.15458, and $0.15402.
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AI Analysis
The analysis indicates a bearish stance on DOGEUSDT based on recent price movements and volume patterns. The decline along a defined sloped line suggests that sellers are in control, especially as dec...
AI Recommendation
Traders should consider entering a short position at the current levels with the specified stop loss to limit potential losses if the market moves against the trade. The planned profit targets offer a...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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