$DOGE 🔥 🔥 TREND STEADY UPWARD 🔥 🔥
Chart Overview
🔷 Structure & Trend
DOGE has broken above a key resistance at $0.18, forming a bullish cup-and-handle pattern on the 4H chart.
The breakout above the handle is being tested for support, showing bullish confirmation with volume.
🔸 Key Support Zones:
$0.178 – Breakout retest level (handle resistance turned support)
$0.165 – Higher low support
🔸 Key Resistance Levels:
$0.195 – Short-term target (Feb/March resistance)
$0.212 – Strong psychological and technical resistance
📊 Indicators:
RSI (14): 64 – Bullish but nearing overbought
MACD: Bullish crossover with widening histogram
Volume: Increasing steadily post-breakout
200 EMA (4H): Sitting below price at ~$0.172, supporting trend continuation
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📈 Trading Strategy
🔁 Bullish Swing Trade
Entry: $0.180 – $0.186 zone (on pullback)
Target 1: $0.195
Target 2: $0.212
Stop Loss: $0.172
Risk/Reward: 1:2.1+
📌 Breakout Scalping Setup
Breakout Above: $0.195
Next TP: $0.212
Trailing SL: $0.188 after breakout
Overall Sentiment: Bullish & Hype-Driven
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⚠️ Disclaimer
> This content is for educational and informational purposes only and does not constitute financial advice. Crypto assets carry high volatility and risk. Please do your own research and consult a financial advisor before making investment decisions.
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