$DOGE Today's Pro Trading Plan: DOGE/USDT - May 9, 2025

1. Primary Bias & Setup:

• Intraday Long - Price holds above MA(20) ($0.17693) with a bullish retest of the 15m structure after a +7.83% surge. Current consolidation below the 24h high ($0.19869) suggests a potential breakout continuation. Focus on scalping upside into liquidity above $0.19869, targeting short-term trapped sellers.

2. Entry Zone:

• $0.19000 - $0.19350. Confluence: Pullback into the 15m FVG ($0.19100-$0.19250) and 4h EMA20 ($0.18880). Bid liquidity clusters at $0.19000 (psychological level).

3. Stop Loss Placement:

• $0.18550 (below Asian session low and 4h swing low). Invalidation triggers on a close below $0.18550, confirming bearish structure break.

4. Risk/Reward Ratio: 1:3.5 (Risk: $0.0045 vs. Reward: $0.016 to Target 1).

5. Profit Targets:

• Target 1: $0.19870 (24h high, liquidity grab).

• Target 2: $0.20630 (swing high from Binance data, equal highs).

• Target 3: $0.21500 (measured move from April 30 swing, extension zone).

6. Market Sentiment:

• Bullish momentum via rising volume (322M vs. MA20 866M suggests absorption). No divergence on 1h RSI (65), but watch for exhaustion above $0.19870. Aggressive bids near $0.19000 indicate retail FOMO; institutional flows likely driving the squeeze.

7. Invalidation Plan & Contingency Setup:

• If SL hit, pivot to short targeting $0.17690 (MA20) and $0.17000 (April 15 low). Enter breakdown below $0.18550, SL $0.19000. Targets: $0.17690 (TP1), $0.17000 (TP2). R:R 1:2.5.