š $DOGE /USDT Complete Long & Short Trade Setup š
Current Price: $0.20124 š (-0.44%)
24H High: $0.20870
24H Low: $0.19020
Order Book Sentiment:
š¢ 64.88% Buyers vs š“ 35.12% Sellers
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š Long Trade Setup (Bullish Bias)
Bullish Technical Analysis
1. DOGE is testing support near $0.200, a key psychological level.
2. The order book is dominated by buyers (64.88%), suggesting demand.
3. A breakout above $0.204 could trigger a move towards $0.208+.
4. Volume is stable, and a bounce from the current level is possible.
ā Long Entry (Buy Zone):
Buy between: $0.200 - $0.202
šÆ Target 1: $0.204
šÆ Target 2: $0.206
š Target 3: $0.20870 (Recent High)
š Stop Loss: $0.198
š Long Strategy Notes:
If price breaks above $0.204, it may confirm an uptrend.
If price drops below $0.198, cut losses to avoid further downside.
Ideal risk-to-reward ratio: 1:2 or better.
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š Short Trade Setup (Bearish Bias)
Bearish Technical Analysis
1. DOGE has been in a downtrend and rejected near $0.208.
2. If $0.200 breaks, a stronger bearish move could push it lower.
3. Order book still has a significant number of sellers (35.12%).
4. RSI is neutral, meaning further downside is possible if momentum shifts.
š» Short Entry (Sell Zone):
Sell between: $0.202 - $0.204
šÆ Target 1: $0.200
šÆ Target 2: $0.195
š Target 3: $0.190 (Major Breakdown)
š Stop Loss: $0.205
š Short Strategy Notes:
If price breaks below $0.200, expect stronger selling pressure.
If price moves above $0.205, exit shorts to avoid losses.
Ideal risk-to-reward ratio: 1:2 or better.
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š Final Verdict:
š Bullish above $0.204 (Target $0.20870+)
š Bearish below $0.200 (Target $0.190)
š„ Key Level to Watch: $0.200 (Breakdown) & $0.204 (Breakout)
ā ļø Trade with caution and set stop-losses wisely! šš„