The good time to buy doge might be now
Hey DOGE army!
The beloved meme coin is trading in a tight range — but don’t be fooled. Signs of a potential short-term reversal are surfacing. Let’s break down the setup.
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Why DOGE Might Be Poised for a Turnaround:
Support Zone Holding: DOGE bounced off $0.21736 and is hovering around $0.226 — bulls are defending the lower range.
RSI Cooling Off: RSI(6) at ~45 — reset from overbought, leaving plenty of upside potential.
MACD Converging: MACD is flat but showing signs of convergence — a bullish crossover could be brewing.
Stochastic K/D Alignment: K (51.6) is now above D (42.6) — early sign of upward momentum building.
Volume Stabilizing: Steady volume suggests accumulation, not panic selling.
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Chart Structure:
DOGE is forming a range with higher lows and resistance near $0.231. A breakout above $0.231–$0.233 could send it back toward $0.24–$0.25.
Look for confirmation in the next few candles — a strong move with volume could validate the bullish divergence forming on indicators.
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My Strategy:
🔹Buy Zone: $0.223–$0.227 (watch for rejection or support bounce)
🔹Take Profit: $0.238 short-term, $0.247–$0.253 mid-range
🔹Stop-Loss: Below $0.217 (last structure low)
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Final Thoughts:
DOGE is currently down 5.12%, but key signals suggest this could be exhaustion, not continuation. Smart money often steps in when fear dominates. Watch closely — the next move may come fast.
Is DOGE about to bark back?
