$DOGS
DOGS/USDT , here’s a spot trading plan with suggested entry point, stop-loss, and take-profit levels. The analysis uses Bollinger Bands, candlestick patterns, and volume data.
📊 Current Price: 0.0001495 USDT
Bollinger Bands:
Upper Band (Resistance): 0.0001583
Middle Band (MA20): 0.0001493
Lower Band (Support): 0.0001402
Volume is moderate, with a recent bullish candle showing upward pressure.
✅ Trade Setup (Bullish Bias)
🔹 Entry Point (Buy):
Entry Price: 0.0001490 – 0.0001495
Current price is slightly above the middle Bollinger Band, showing potential for upward continuation.
🛑 Stop-Loss:
Stop-Loss Level: 0.0001410
Slightly below the lower Bollinger Band, protecting from downside risk.
~5.7% risk from entry.
🎯 Take-Profit Targets:
Target 1 (Short-Term): 0.0001535 (recent 24h high) – ~2.7%
Target 2 (Mid-Term): 0.0001580 (upper Bollinger Band) – ~6.2%
Target 3 (Stretch): 0.0001650 (previous swing high) – ~10.3%
⚠️ Risk-Reward Ratio
R:R (Target 1) ≈ 0.47:1 (not ideal)
R:R (Target 2) ≈ 1.08:1 (acceptable)
R:R (Target 3) ≈ 1.8:1 (optimal)
📌 Notes:
If price closes below 0.0001428 (recent low), consider exiting early.
Look for a candle close above 0.0001505 for stronger confirmation.
Volume surge on green candles suggests potential bullish follow-through.
