๐ $DOGE Trend Reversal & Trade Setup Analysis!
Hey Binance traders! ๐ DOGE is once again testing key support zones, giving us a prime buying opportunity! ๐๐
๐ Market Overview:
Current Price: $0.19887
24H Low: $0.18279
24H High: $0.20755
๐ Trend Analysis:
DOGE recently pumped to $0.26 but faced strong resistance and retraced. Itโs now consolidating near $0.18-$0.19, forming a potential higher low before the next move up! ๐
๐น Key Support: $0.18
๐น Key Resistance: $0.23 - $0.26
๐ฅ Trade Setup:
โ Buy Entry: $0.18 - $0.20 (Accumulation Zone)
๐ฏ Target 1: $0.23 (+15%)
๐ฏ Target 2: $0.26 (+30%)
โ Stop-Loss: Below $0.17 for risk management
๐ Indicators:
MACD is showing a cooling-off periodโwaiting for bullish crossover
RSI is near oversoldโpotential reversal incoming!
Order Book: Buyers increasing liquidity at $0.18
๐ก My Strategy: I previously bought at $0.18 and sold at $0.23, securing easy profits! Now, DOGE is again in a strong buy zoneโIโm accumulating for the next breakout! ๐
๐ญ Will DOGE hit $0.26 again? Or even higher? Letโs discuss below! ๐๐๐
๐ No financial adviceโAlways DYOR!