DOGE Bearish Setup in Progress |AB=CD Pattern+Bearish Divergence

8월 5일

Hey Traders!

#DOGE/USDT is currently showing signs of a bearish continuation on the 1H timeframe 📉. Here's why I'm watching this closely:

🔹 AB=CD Harmonic Pattern:
The AB leg is already complete, and the price action is now progressing toward forming the CD leg — a classic harmonic setup suggesting further downside.

🔹 Bearish Divergence on RSI:
While the price made a higher high, RSI failed to confirm — signaling weakening momentum and potential reversal ahead.

🔹 Key Support Level in Focus:
I’m watching the previous minor support zone for confirmation. If price breaks and retests this level, it could be a great entry point for a short trade with solid risk-reward.

📌 Trade Plan:
✅ Wait for confirmation below support
✅ Look for bearish candlestick patterns or breakdown
✅ Enter short with proper risk management (SL just above local highs)

💬 What do you think about this setup? Are you already short on #DOGE or waiting for more confirmation? Drop your thoughts below 👇 and let’s discuss!

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8월 6일

액티브 트레이드

Trade is active and in profit, wait for the final TP.

8월 8일

거래청산: 스탑 닿음

SL Hit