Technical analysis by bowtrix about Symbol DOGE: Sell recommendation (4/3/2023)

Hello friends.If you just bought Dogecoin because they changed the Twitter logo to a Doge, you have been Musked.Every other time this type of "bullish" news event has happened, the strategy has been the same: Long it at first to get in early, and then short it once the herd has bought in. We think a little more juice may be left in the lemon, but not much. We want to short doge at our specified entry. Retail has already nearly doubled the doge open interest, showing extreme euphoria. It is important not to rush into these shorts, or you will become trapped.We did not get filled. Shame.