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Trade Idea: DOGE SHORT

Opened 2025-09-26 09:46:24 · Valid until 2025-09-27 09:46:24 · Closed 2025-09-26 11:13:01 · Triggered 2025-09-26 10:16:02
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 2.00 Conf 75% Scalp hours
Entry 0.22400000
Stop 0.22700000
TP 0.22200000 / 0.22000000 / 0.21800000
Live 0.19432600
ROI 13.25% (vs entry)

Thesis and checks

The current price of Binance-Peg Dogecoin (DOGE) shows a bearish trend, making a short position more favorable.

  • On the 5m chart, a bearish engulfing pattern has formed, indicating strong selling pressure.
  • The 15m RSI is approaching overbought territory, suggesting a potential reversal.

Trade ideas are educational. Manage risk and position size.