Short Trade Setup (DOGEUSDT)!
📉
🔴 Entry Point:
Enter below $0.383 (breakdown confirmation from the yellow resistance line).
❌ Stop Loss (SL):
Set at $0.404 (above the recent resistance zone).
✅ Take Profit 1 (T1):
Target $0.358 (red support line).
✅ Take Profit 2 (T2):
Target $0.338 (green support line and next key level).
💡 Execution Tips:
Confirmation: Wait for a clear bearish candle close below $0.383.
Risk-to-Reward:
Risk: SL ($0.404 - $0.383 = $0.021).
Reward to T1: ($0.383 - $0.358 = $0.025).
Reward to T2: ($0.383 - $0.338 = $0.045).
Trail your stop loss after hitting T1 to lock in profits.
🔴 Entry Point:
Enter below $0.383 (breakdown confirmation from the yellow resistance line).
❌ Stop Loss (SL):
Set at $0.404 (above the recent resistance zone).
✅ Take Profit 1 (T1):
Target $0.358 (red support line).
✅ Take Profit 2 (T2):
Target $0.338 (green support line and next key level).
💡 Execution Tips:
Confirmation: Wait for a clear bearish candle close below $0.383.
Risk-to-Reward:
Risk: SL ($0.404 - $0.383 = $0.021).
Reward to T1: ($0.383 - $0.358 = $0.025).
Reward to T2: ($0.383 - $0.338 = $0.045).
Trail your stop loss after hitting T1 to lock in profits.
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