$DOGE /USDT – Oversold Bounce Setting Up? 📈
Current Price: $0.21985 (+1.22%)
24H Range: $0.21612 – $0.23080
Market Structure:
$DOGE has been in a clear downtrend on the 15m chart, but it's now finding support near the 24H low. The recent price action shows signs of slowing momentum to the downside, hinting at a potential bounce.
Key Levels:
Support: $0.2160
Resistance: $0.2230 / $0.2308
Trade Setup:
Entry Zone: $0.2180 – $0.2200
TP1: $0.2230
TP2: $0.2275
TP3: $0.2320
SL: Below $0.2150
Market Insight:
DOGE's volume remains massive (1.13B), showing that despite the dip, it’s still heavily traded. A confirmed reversal from this oversold zone could offer a sharp intraday bounce.
Pro Tip:
Watch for a bullish engulfing candle and RSI recovery on 15m. Ideal play: scalp bounce with tight SL and trail profits above $0.223.
DOGE Might Bark Back Soon – Keep Eyes on This Bounce Opportunity!
#MerlinTradingCompetition #GENIUSAct #BinanceAlphaAlert #MyEOSTrade #SaylorBTCPurchase