Technical analysis by ULYSSESTRADER about Symbol BABYDOGE: Sell recommendation (10/19/2025)

1. Chart Context Pair: BABYDOGE/USDT Exchange: MEXC Timeframe: 1h Current Price: ≈ 0.9899e-9 USDT Price action has been trending downward with lower highs and lower lows. Recently, it retested a supply zone and started rejecting. 2. Trade Setup This is a short position (betting on further downside). The red/green box represents the Risk/Reward (R:R): Entry Zone: ~0.99e-9 USDT (price consolidating just under resistance). Stop Loss (SL): 1.0504e-8 USDT (top of the red zone). If price breaks above this, the short setup is invalid. Take Profit (TP): 0.9109e-9 USDT (bottom of the green box). Targeting a drop back to the recent demand/support zone. 3. Risk/Reward Ratio Risk (SL distance): ~0.006e-9 Reward (TP distance): ~0.079e-9 R:R ratio ≈ 1.3:1 The setup provides slightly more reward than risk, but not very high compared to some other trades you’ve shown. 4. Support & Resistance Resistance Zone: ~1.02e-8 to 1.05e-8 (area where sellers previously stepped in). Support Zone: ~0.91e-9 (green box). Idea: price fails to break resistance and continues lower into the demand zone. ✅ In summary: This is a short trade setup on BABYDOGE/USDT, where the trader enters near 0.99e-9, sets a stop above 1.05e-8, and targets 0.91e-9. It’s a continuation trade betting that the bearish trend remains intact, with a moderate risk/reward ratio of about 1.3:1.