$DOGE
Key Observations:
Current Price: 0.2544 USDT
24h Range: High 0.2597 – Low 0.2425
Support Zone: Around 0.2525 – 0.2530 (recent rejection wick at 0.25261 shows buyers stepped in).
Resistance Zone: Around 0.2590 – 0.2600 (recent top rejection at 0.25970).
Trend: Despite the latest drop, DOGE is still up +4.20% today, showing underlying bullish strength.
Candles: The long lower wick on the latest red candle suggests buying pressure from support.
Trade Signal:
✅ Long Entry Zone: 0.2530 – 0.2545
🎯 Take Profit Targets:
TP1: 0.2570
TP2: 0.2590
TP3: 0.2620 (if strong bullish momentum returns)
🛑 Stop Loss (SL): Below 0.2520 (to protect against breakdown).
Summary:
This setup is showing a bullish bounce from local support, giving a potential short-term long trade opportunity. Watch for confirmation with a green candle closing above 0.2550 for safer entry.
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