They're calling this a dead cat bounce, but the 4h chart tells a different story for DOGE.
$DOGE /USDT - LONG
Trade Plan:
Entry: 0.095885 – 0.096575
SL: 0.094161
TP1: 0.098298
TP2: 0.098988
TP3: 0.100367
Why this setup?
Daily trend is bearish, but a LONG setup is armed on the 4h timeframe. RSI(15m) at 62.63 shows building momentum. Entry zone is tight (0.095885 - 0.096575), with clear TPs at 0.0983, 0.0990, and 0.1004.
Debate:
Is this the start of a 4h trend reversal, or just a brief pump before the daily bear trend continues?
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DOGE
0.09635
+0.43%