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DOGEUSDT on the 30minute time framehere’s an analysis and potential entry level
Trend AnalysisCurrent Price
Around 0.08826 sell 0.08883 buy with a mid-price near 0.0885.44 period SMA
At 0.08980 which is above the current price indicating a bearish bias as price is trading below this key moving average.
Resistance
The 44 SMA at 0.08980 is a significant overhead level. A retest of this area could offer a shorting opportunity.Support
The recent low from the last London session is not explicitly given, but price action likely found a temporary floor around the current level. A break below 0.0880 could signal further downside.Entry Level Suggestion
Given the downtrend, a short entry near the SMA resistance is prudent
Entry
0.08960 0.08980 wait for a pullback to this zone
Stop Loss
Above 0.09020 to account for potential false break
Target
Initial support at 0.0880 then 0.0865 #doge