DOGE · 1H · DOWNTREND

The dominant structure here is a clean, persistent downtrend from ~0.1200 all the way down to the current 0.08636 — lower highs and lower lows throughout, no real exception. The most recent leg was aggressive, a near-vertical flush from ~0.1000 to ~0.0800 followed by a bounce that's now stalling just below 0.0880. That bounce looks corrective to me, not impulsive — it's grinding up into what was previously a breakdown zone, and I'm reading it as a dead-cat retrace before continuation lower. The live news context confirms no meaningful catalyst on the DOGE front — the only crypto headline is noise around an altcoin presale, not DOGE-specific. I'm not buying this bounce. I'm looking to fade it into resistance.

Setup: SHORT

- Entry: 0.08750

- Stop Loss: 0.09000

- Take Profit 1: 0.08200

- Take Profit 2: 0.07800

- Risk/Reward: 2.2:1

- Confidence: MEDIUM