$DOGE

šŸ“Š DOGE/USDT – Channel Range Accumulation Play

šŸ• Timeframe: 4H

šŸ’° Current Price: $0.2276

šŸ“ˆ Trend Context: DOGE is trending within a well-defined ascending channel. Price is currently mid-range, rejecting from a local high, consolidating above key support at ~$0.22.


🟩 Entry Plan (Long Bias):

šŸ“Œ Entry Zone:

Aggressive: $0.2250 – $0.2275 (current consolidation zone)

Safer Entry (Dip Buy): $0.2130 – $0.2180 (support block)

Breakout Entry: Above $0.2450 on strong volume


šŸŽÆ Take-Profit Targets:

šŸŽÆ TP1: $0.2400 (recent local resistance)

šŸŽÆ TP2: $0.2570 (upper range test)

šŸŽÆ TP3: $0.2750 – $0.2800 (channel top)


šŸ›”ļø Stop-Loss:

šŸ”» SL: $0.2100 (below local support and ascending channel midline)


āš–ļø Risk-Reward Tip:

Entry: $0.2250 | SL: $0.2100

TP2: $0.2570 → Risk:Reward ā‰ˆ 2.1:1

TP3: $0.2750 → Risk:Reward ā‰ˆ 3.33:1

Move SL to breakeven at TP1.


šŸ”„ Alternate Bearish Scenario:

If DOGE loses $0.2100 with volume:

šŸ“‰ Downside targets: $0.1880 and $0.1700 (channel support retest)


āœ… Confirmation Triggers:

šŸ”ø Bullish engulfing candle near $0.2250 zone

šŸ”ø RSI bouncing from 40–45 range

šŸ”ø BTC holding above $67K or trending sideways


šŸ”„ Signal Strength:

Moderate to High – DOGE is holding structure and consolidating near the mid-range, offering a decent R:R for bulls with confirmation.