$1MBABYDOGE /USDT: Fatigue at Resistance – Pullback Imminent?
Is the paw-sitive momentum fading?
$1MBABYDOGE is currently showing significant signs of exhaustion. Despite several attempts to clear the 0.00062 supply zone, the bulls have been met with aggressive rejection candles.
On the 1H chart, we are now observing a Lower High (LH) structure, suggesting that liquidity is being exhausted and a corrective move toward support is the high-probability path.
🎯 The "Counter-Trend" Short Setup
Entry Zone: 0.000610 – 0.000620 (Look for entries on the failed retests)
Target 1: 0.000600 🟢
Target 2: 0.000590 🟢
Target 3: 0.000580 🟢 (Major support floor)
Stop-Loss: Above 0.000630 🛑 (Invalidates the bearish thesis)
🔍 Technical Breakdown
Price Action: The asset has failed to sustain above the 0.00062 mark for three consecutive hourly sessions. This "Triple Top" on a micro-scale often leads to a fast liquidation of long positions.
Momentum: The RSI is trending downward from overbought levels, while the MACD histogram is beginning to flip bearish, confirming the shift in intraday sentiment.
Trend Context: While the long-term 2026 outlook for BabyDoge remains bullish due to ecosystem burns, this is a short-term pullback play.
💡 Trader’s Strategy
This is a scalper’s setup. Since meme coins can be unpredictable, the key here is strict risk management. Move your Stop-Loss to break even as soon as Target 1 is hit.
Bottom Line: The bias remains bearish as long as the price stays below the 0.000625 level. Don't fight the rejection—trade the trend!
Are you shorting this correction or waiting for a deeper dip to buy back? Drop your strategy below! 👇
#1MBABYDOGE #WEFDavos2026 #WhoIsNextFedChair