#1BABYDOGE
if the price closes below $0.0050912 (near 20 EMA), consider entering a short position. This would confirm bearish momentum.
2. Short Entry:
Entry Level: Enter the short trade once the price closes below $0.0050912.
Target:
First target: $0.0045600.
Second target: $0.0040967 (if bearish momentum strengthens).
Stop Loss: Place a stop-loss around $0.0057726 (above recent resistance).
3. Monitor RSI:
If RSI drops below 50 and MACD histogram stays red, it strengthens the bearish case.