Wyckoff-Based Trade Setup: $DOGE /USDT (Binance)

Current Price: ~$0.265–$0.270

Phase: Likely in Phase C/D of Reaccumulation or late Distribution — depends on volume confirmation.

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Key Wyckoff Levels (From Chart Analysis)

Label Price Interpretation

UT $0.260–$0.270 Upthrust – test of resistance

LPS $0.225 Last Point of Support – bullish retest

SPRING $0.200 Shakeout – traps bears before reversal

W $0.227 / $0.215 Double bottom area (Phase C candidates)

Top $0.270–$0.275 Distribution top – potential rejection zone

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🟩 Bullish Scenario – Reaccumulation Confirmed

Entry Zone: $0.250–$0.255 (ideally on an LPS retest)

Stop Loss: Below $0.240 or $0.227 (depends on risk tolerance)

Targets:

TP1: $0.270 (UT re-test)

TP2: $0.290 (breakout confirmation)

TP3: $0.305+ (trend continuation)

Confirmation Triggers:

Rising volume during bounce from $0.250

Clean breakout + close above $0.270 with strong volume

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🟥 Bearish Scenario – Distribution Playing Out

If $0.250 breaks with volume and fails to recover:

Short Entry: ~$0.245 (failed LPS retest)

Targets: $0.225 → $0.200 (Spring zone)

Stop above $0.255 recommended

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📊 Price & Volume Signals to Monitor

Bullish Clues:

Decreasing volume into support → suggests absorption

Fast reclaim of $0.250 after Spring → reaccumulation probable

Bearish Clues:

Weak bounce at $0.250 → opens downside to $0.22–$0.20

Heavy sell volume near $0.270 → distribution pressure