Technical analysis by Skgubza about Symbol DOGE: Sell recommendation (5/15/2025)

Dogecoin (DOGE/USDT) has confirmed a bearish continuation setup after rejecting key moving averages and breaking below short-term support. 📉 Trade Details Entry: $0.22719 (Fibonacci retracement level) Stop Loss: $0.23146 (above local resistance zone) Take Profit: $0.21864 (targeting prior support) Risk/Reward: ~1:2 — efficient downside setup 📊 Technical Confluence ✅ EMA OK: Price is trading below all short-term EMAs ✅ HTF EMA OK: Higher timeframe confirms downtrend ✅ RSI OK: RSI indicates continued bearish momentum ✅ MACD OK: Bearish MACD crossover confirmedt.me/+t7-OQ5dERg43YTM0