$DOGS 📊 DOGS/USDT Trade Setup Analysis

📌 Trade Plan:

Entry Zone: 0.0001750 - 0.0001820 USDT

Stop Loss: 0.0001600 USDT (Below key support)

Targets:

🎯 TP1: 0.0002100 USDT

🎯 TP2: 0.0002450 USDT

🎯 TP3: 0.0002750 USDT

⚖️ Risk-Reward Ratio:

R:R: 1:2.8 (High reward potential with controlled risk)

🔍 Technical Breakdown:

Market Structure Shift:

Sharp decline followed by a double-bottom structure near 0.0001006 USDT. Recent surge to 0.0002535 USDT indicates momentum is picking up.

Support & Resistance:

🔻 Key Support: 0.0001750 USDT (Strong buy interest and bounce zone)

🔺 Key Resistance: 0.0002100 USDT, followed by 0.0002450 USDT (both previous peak levels).

Volume Profile:

Massive volume surge during the pump to 0.0002535 USDT, indicating accumulation.

Indicator Analysis:

RSI: 8.47 (Highly oversold, strong bounce potential)

Williams %R: -96.39 (Extreme oversold zone, suggesting a rebound is near)

MACD: Bearish crossover, but flattening, indicating a possible shift in momentum.

⚙️ Trade Management:

Stop Loss Adjustment:

Move SL to entry after TP1 is hit for a risk-free trade.

At TP2, consider trailing to 0.0001950 USDT to lock profits.

Monitoring Key Levels:

0.0002100 USDT breakout with volume signals strength towards 0.0002450 USDT.

Major decision point will be 0.0002750 USDT if the trend sustains.

💡 Final Thoughts:

Bias: Bullish Reversal Setup 📈

Risk Consideration: A breakdown below 0.0001600 USDT invalidates the setup.

Overall View: Momentum is building off a strong support base; indicators suggest the selling pressure is exhausted. A solid opportunity for a bounce trade with clear upside targets.