$DOGE /USDT ā PANIC FLUSH, REBOUND ZONE ACTIVE š¢
$DOGE just faced a 19% flush, shaking out late buyers and resetting market momentum. This kind of deep pullback often sets up powerful reversal plays ā and this zone looks like one of them.
Trade Setup:
⢠Entry Zone: 0.186 ā 0.190
Key demand area and previous short-term base. Rising volume suggests quiet accumulation.
⢠Target 1: 0.198
First resistance from the last failed breakout ā reclaiming this signals strength.
⢠Target 2: 0.208 ā 0.215
High-volume supply zone; expect profit-taking pressure here if momentum extends.
⢠Stop Loss: Below 0.183 (setup invalidation)
This pullback looks emotion-driven, not structural ā classic DOGE behavior: fast drops, fast recoveries. RSI bounce or a bullish engulfing candle on lower timeframes will be my trigger to enter.
Volatility = Opportunity. Watch for confirmation ā sharp rebound possible. š
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