Technical analysis by NakamotoZzzz about Symbol DOGE: Sell recommendation (8/12/2025)

(AI) Trade Setup Analysis Timeframe: 1D (Daily) Position Type: Short (Sell) Entry Point: 0.2380 Positioned exactly between the stop loss and take profit zones, providing a balanced short entry from a key resistance level. Stop Loss (SL): 0.2460 Placed above the resistance zone to protect against a bullish breakout. Risk is approximately +3.36% from entry. Take Profit (TP): 0.2200 Target set at a significant support area, offering a potential downside of around -7.56% from entry. Risk/Reward Ratio: 2.25 A moderate but favorable setup with more than double the reward compared to the risk. Technical Outlook: DOGEUSDT is approaching a resistance zone after a short-term bounce. This area could act as a ceiling, potentially triggering a retracement toward the $0.2200 support. Bearish Scenario: Rejection at 0.2380 could open the way for a move toward the 0.2200 target. Bullish Invalidation: A sustained close above 0.2460 would invalidate the bearish outlook and could trigger further upside. Summary: This setup aims to capture a potential short-term reversal from resistance with a clearly defined stop and target, supported by a favorable risk/reward ratio.HIT ENTRYHIT STOP LOSS