$DOGE / USDT – Reversal Trade Plan
Market Context:
Current Price: ~$0.21578
Demand Zone: $0.21500–$0.21635
Proven support zone with repeated bullish rejections
Recent Signal: Bullish engulfing candle on rising volume at demand
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Key Levels
Type Price Range
Demand Zone $0.21500 – $0.21635
Entry (Aggressive) Above $0.21900
Stop-Loss $0.21450 (tight under zone)
Target 1 (TP1) $0.22320 (intraday resistance)
Target 2 (TP2) $0.22890 (supply zone / structure resistance)
Breakout Target $0.24000+ (if $0.22890 flips)
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Trade Options
Aggressive Long
Entry: Market buy above $0.21900
SL: $0.21450
TP1: $0.22320
TP2: $0.22890
R:R: ~2.5:1
Conservative Long
Entry: Retest of $0.21635 with bullish confirmation
SL: $0.21400
TP1 / TP2: Same
R:R: ~3:1 (better risk-adjusted, lower hit rate)
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Confirmation Signals to Watch
Volume spike on breakout above $0.219
RSI holding >50 on 1H/2H
MACD bullish cross
BTC stability above $102K (macro support intact)
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Final Note
DOGE is shaping a potential bullish reversal from a critical demand zone. Conservative traders should wait for confirmation on a retest; aggressive traders can ride early momentum. A break above $0.2289 could signal a larger trend shift.