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Trade Idea: DOGE SHORT

Opened 2026-02-28 14:00:58 · Valid until 2026-03-01 14:00:58 · Triggered 2026-02-28 14:08:01 · Closed 2026-02-28 19:37:01
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 1.80 Conf 75% Scalp hours
Entry
0.09100000
Stop
0.09300000
Targets
0.08850000 / 0.08750000 / 0.08650000
Live price
0.09087800
Live ROI
0.13% vs entry
Idea ID
#8342
Now Entry Stop TP
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Thesis and checks

Scalp opportunity identified on DOGE with bearish confluence across multiple timeframes near current price.

  • 5m chart: Bearish engulfing candle after a failed attempt to break above 0.092 resistance indicates short-term selling pressure.
  • 15m chart: RSI below 50 and MACD showing bearish crossover suggest momentum favors downside continuation.
  • 1h chart: Price rejected at a descending trendline resistance and 24h change is negative (-4.08%), supporting short bias.
  • Stop set just above recent resistance at 0.093 to limit risk.
  • Take profits set near recent support levels at 0.0885, 0.0875, and 0.0865 to capture quick downside moves.

Trade ideas are educational. Manage risk and position size.