MBABYDOGE Facing Heavy Selling — Expect Near-Term Weakness
I see clear heavy selling pressure on MBABYDOGE: rapid large sell trades and negative net volume have pushed the price lower over the past day. Short-term momentum is bearish across 1h–24h timeframes.
I would avoid adding new longs here and prefer to reduce exposure or exit weaker positions until selling pressure eases. Watch for volume normalization and a shift to buying dominance before reconsidering entries.
Analysis
Recommendation
Sell or reduce positions and do not initiate new buys until net volume turns positive and price stabilizes; use tight stops if holding and monitor orderflow for recovery signals.
Disclaimer
The 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.