Technical analysis by davidjulien369 about Symbol DOGE: Sell recommendation (5/31/2025)

1Hr overview 📘 Trade Journal Entry — DOGEUSDT (Sell-side Trade)🗓 Date: Friday, 30th May 2025⏰ Time: 3:00 PM📍 Session: Tokyo to London PM📈 Timeframe: 1hr (intraday/swing)📊 Market Structure Tool: Price Action — Lower Highs + Liquidity Sweep🧠 Confirmation Tool: Bearish structure break + Premium pricing zone🔹 Trade Details:Entry Price: 0.20466Take Profit: 0.18205 (−11.05%)Stop Loss: 0.20691 (+1.10%)Risk-Reward Ratio: 10.05🔹 Market Structure:Bearish price action is evident, characterised by a sequence of lower highs and lower lows.Entry aligned with price returning to the premium zone before resuming its downward trend.Liquidity Sweep & Confirmation:Entry followed a sweep of local highs, indicating engineered liquidity.Immediate rejection at the sweep point and entry at the confirmation candle.Momentum:Strong bearish momentum post-entry, with volume confirming sell-side intent.