๐ถ Dogecoin Trading Update โ EMA Bounce + Shakeout = Incoming Move?
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Updated: 25 June 2025
Dogecoin ($DOGE) just flashed a potential bullish signal!
A $5.57K long position was liquidated at $0.16501, hinting at a shakeout of weak hands โ often a precursor to a breakout. ๐
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๐ Market Snapshot:
Price: ~$0.1650
24h Change: -3.9%
Sentiment: Cautiously Bullish
Price is holding above key support after a pullback.
๐ฅ Key Insights:
50 EMA Bounce on 4H chart
Higher lows intact โ bullish structure
Volume rising on dips โ signs of accumulation
Shakeout confirms weak traders are exiting
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๐ข Buy Zone: $0.1590 โ $0.1620
๐ฏ Targets:
1. $0.1720 โ First resistance
2. $0.1785 โ Local high
3. $0.1850 โ Breakout zone
โ Stop-Loss: $0.1545 โ below this, trend weakens
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๐ฎ Outlook:
DOGE looks primed for a move. If support holds, bulls could push price quickly toward resistance zones.
Perfect setup for risk-reward traders. Stay sharp! ๐ง ๐ฅ
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๐ข Share this in your trading group!
#DOGE #MemeToMomentum $ENA