$DOGE
DOGE (Dogecoin) trade setup:
Trade Type: LONG
expecting the price to increase from the entry zone.
Current Price: $0.22651
This is just slightly above the top of your entry zone.
Entry Zone: $0.22200 – $0.22650
You may want to wait for a small retracement into this zone before entering, or scale in if price is close.
Targets:
TP1 (Take Profit 1): $0.23290
TP2 (Take Profit 2): $0.24080
These give a reasonable risk-to-reward ratio.
Stop Loss: $0.21780
This is safely below the entry zone, helping to manage risk in case the trade goes against you.
Risk/Reward Notes:
If entering at the top of the entry zone ($0.22600), your risk is ~0.0082 (SL), and reward to TP1 is ~0.0069, TP2 is ~0.0148.
That gives a R:R of ~0.84 to TP1 and ~1.8 to TP2. Better R:R if entering near the bottom of the zone.
Confidence: 75%
That’s considered high confidence, suggesting favorable conditions (likely based on technical/fundamental signals).
Summary:
Wait for an entry closer to the middle or bottom of the zone for better risk-to-reward.
buy and trade here $DOGE .