$DOGE /USDT 15-minute chart from Binance, here's a scalping trade setup using current technical indicators (Bollinger Bands, RSI, and Moving Averages):
📈 Scalping Trade Setup (Short-Term Intraday)
Trade Type: Long (Buy)
Entry Point (EP): 0.21550 – 0.21587
🎯 Take Profit Levels (TP)
TP1: 0.21750
TP2: 0.21850
TP3: 0.21980
🛑 Stop Loss (SL)
SL: 0.21320
(Just below the recent low of 0.21376 for safety)
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📊 Risk Management
Risk-Reward Ratio: Aim for minimum 1:2
Suggested Capital Allocation:
Risk only 1–2% of your total capital
Position Sizing Example (Assume $1000 Capital):
Risk = 2% → $20
Entry = 0.21550, SL = 0.21320 → Risk per DOGE = 0.0023
Position size = $20 ÷ 0.0023 ≈ 869 DOGE
🔍 Technical Analysis Summary
RSI(6): 33.32 (Oversold territory, potential reversal)
Price Location: Below 5-MA and hugging lower Bollinger Band
Volume: Slight increase recently (watch for confirmation)
Trend: Short-term bearish but signs of reversal on bounce
