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Trade Idea: DOGE SHORT

Opened 2026-04-02 14:45:55 · Valid until 2026-04-03 14:45:55 · Triggered 2026-04-02 14:49:02 · Closed 2026-04-03 14:46:02
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 1.70 Conf 75% Scalp hours
Entry
0.09070000
Stop
0.09210000
Targets
0.08900000 / 0.08780000 / 0.08650000
Live price
0.09853800
Live ROI
-8.64% vs entry
Idea ID
#10074
Now Entry Stop TP
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Thesis and checks

Current price action and technical signals across multiple timeframes indicate a higher probability for a short scalp trade.

  • 5m chart: Bearish momentum confirmed by a recent breakdown below a short-term support level near 0.0910, with increasing volume on the sell side.
  • 15m chart: Price rejected at the 20 EMA resistance, forming a lower high, signaling continuation of the downtrend.
  • 1h chart: Bearish RSI divergence and price below the 50 EMA suggest sustained downward pressure.
  • Stop is placed just above recent resistance to limit risk, with targets set near recent support levels to ensure a favorable risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.