Technical analysis by mudusir about Symbol DOGE: Sell recommendation (8/5/2025)

Hey Traders! #DOGE/USDT is currently showing signs of a bearish continuation on the 1H timeframe 📉. Here's why I'm watching this closely: 🔹 AB=CD Harmonic Pattern: The AB leg is already complete, and the price action is now progressing toward forming the CD leg — a classic harmonic setup suggesting further downside. 🔹 Bearish Divergence on RSI: While the price made a higher high, RSI failed to confirm — signaling weakening momentum and potential reversal ahead. 🔹 Key Support Level in Focus: I’m watching the previous minor support zone for confirmation. If price breaks and retests this level, it could be a great entry point for a short trade with solid risk-reward. 📌 Trade Plan: ✅ Wait for confirmation below support ✅ Look for bearish candlestick patterns or breakdown ✅ Enter short with proper risk management (SL just above local highs) 💬 What do you think about this setup? Are you already short on #DOGE or waiting for more confirmation? Drop your thoughts below 👇 and let’s discuss! If you find this analysis helpful, don’t forget to: 👍 Like 💬 Comment 🔁 Share 📥 Follow for more high-probability setups!Trade is active and in profit, wait for the final TP.SL Hit