Trade Setup for DOGE/USDT

Since the trend is still uncertain, we will use a strategy based on confirmation of breakout or rejection.

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1. Long (Buy) Setup – If Uptrend Confirms

✅ Entry: Above 0.16917 (previous high)

🚀 Target 1: 0.17150 (resistance level)

🎯 Target 2: 0.17350+ (strong breakout level)

🛑 Stop-Loss: 0.16700 (below key support)

💡 Reasoning: If price breaks above 0.16917 and holds, it confirms a higher high, signaling an uptrend.

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2. Short (Sell) Setup – If Downtrend Resumes

✅ Entry: Below 0.16536 (previous low)

📉 Target 1: 0.16350 (next support)

🔻 Target 2: 0.16100 or lower

🛑 Stop-Loss: 0.16750 (above resistance)

💡 Reasoning: If price breaks below 0.16536, it confirms a lower low, signaling a continuation of the downtrend.

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Risk-Reward Consideration:

• Long trade: Risk ≈ 1.2%, Reward ≈ 2-3% (RRR: 1:2 or better)

• Short trade: Risk ≈ 1.3%, Reward ≈ 2-3%

💡 Tip: Wait for a clear breakout with volume before entering. Fake breakouts are common in choppy markets.