AssetMasteryandInvesting

DOGE short re-entered (35% drop soon)

Short
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Hi traders,

As the news cycle has peaked - now we wait, patiently for Twitter to never use DOGE anytime soon and the hype dies off again.

Short entered 0.01425
SL 0.0148
TP 0.091 too 0.082 (gradually on the way down is also wise)

We have FOMC within 24hours, along with an over pumped market overall, expecting a wild moves to come.

Will consider DOGE for a long in the lower re-tracement zones, one would expect another wild move is on the cards after the big pullback.

Goodluck,
Asset Mastery
Comment:
Raising SL to 0.153

Potential to wick to 0.151
Comment:
50% profit secured @0.1258

SL moved to 0.135

Leaving the rest to ride, still in the potential upward zone for now.
Comment:
Big drop in price today, reached 15% trade ON SPOT prices - much higher for the margin trades.
Comment:
ADDING TO THE SHORT 0.1270 likely doge is soon about to take the dive back to initial supports
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