🔥🚀 $DOGE /USDT – Testing Support, Time for a Rebound? 🐶🔁
$DOGE is trading at $0.16873, down 1.34%, after rejecting the upper Bollinger Band and revisiting key support near the 1H low of $0.16392. With 24h volume at 755.79M DOGE, the market is watching closely for the next directional move.
📊 Technical Analysis Highlights:
• Bollinger Bands narrowing:
• UP: $0.17297
• MB: $0.16942
• DN: $0.16588
• Price currently below mid-band, sitting in a tight consolidation range
• Strong bounce from $0.16392 – short-term support confirmed
🎯 Trading Plan – Reversal Setup:
• Entry Zone: $0.1665 – $0.1685
• Take Profit 1: $0.1706
• Take Profit 2: $0.1729
• Take Profit 3: $0.1744
• Stop Loss: $0.1630
📌 Strategy Tip:
A confirmed bounce above $0.1694 could mark the start of a micro-trend reversal. Ideal setup for short-term scalpers & range traders. Watch closely for volume confirmation.
#DOGE #CryptoTrading #GENIUSActPass #DAOBaseAIBinanceTGE #FOMCMeeting $DOGE