DOGE is accumulating in an important price range and shows signs of preparing for a major breakout. Let's analyze the trend across multiple time frames to find the optimal entry point.

1. Daily frame (1D): Sideways accumulation – Preparing for explosion

  • DOGE is accumulating in the range of 0.145 – 0.17 USDT.

  • Candles with long lower wicks show good buying absorption.

  • EMA20 – EMA50 are converging, may soon create a Golden Cross.

  • Volume is decreasing as price moves sideways → a signal of 'pressure' before a breakout.

=> Monitor closely around 0.17 – if it breaks strongly with increased volume, the upward momentum may extend.

2. 4-hour frame (4H): Pullback to support zone – Wait for reversal

  • Price is undergoing a technical correction after a strong increase.

  • Potential support zone: 0.157 – 0.16.

  • Neutral RSI, decreasing volume → selling pressure is weakening.

  • A confirmation candle may appear at support.

=> Wait for bullish candle signals around 0.158–0.16 to open short-term Long positions.

3. 1-hour frame (1H): End of correction?

  • The A-B-C corrective wave structure may have completed.

  • RSI shows positive divergence with price → potential reversal signal.

  • If price breaks above 0.162 with increased volume → confirms upward trend.

=> Buy when confirmed above 0.162. Set stop loss if it breaches 0.158.

4. 5-minute frame (05M): Sideways in a narrow range – Scalping opportunity

  • DOGE is moving sideways in the range of 0.1585 – 0.162.

  • EMA20 just crossed EMA50 upwards → short-term bullish signal.

  • Many pinbar candles appeared → buyers are dominating.

=> Enter trade when breaking 0.162, take profit around 0.167–0.17. Set stop loss if it breaches 0.1585

Summary of proposed strategy

Daily frame (1D):

  • Trend: Accumulation waiting for breakout

  • Enter trade: When breaking above 0.17

  • Target: 0.185 – 0.20+

  • Stop loss: Below 0.15

4-hour frame:

  • Trend: Pullback to support

  • Buying zone: 0.158 – 0.16

  • Target: 0.17

  • Stop loss: 0.155

1-hour frame:

  • Trend: End of correction

  • Enter trade: When breaking above 0.162

  • Target: 0.168 – 0.17

  • Stop loss: 0.158

5-minute frame:

  • Trend: Short-term sideways

  • Enter trade: When breaking 0.162

  • Target: 0.167 – 0.17

  • Stop loss: 0.1585

Where do you think DOGE will breakout to? Comment below the post to discuss!

$DOGE