$DOGE /USDT SHOWING BULLISH RECOVERY AFTER HEALTHY RETEST!
$DOGE has bounced back from the $0.17776 support zone after a sharp intraday dip, showing a strong bullish engulfing pattern on the 1H chart. The current price is holding around $0.18568 with renewed upward momentum as buyers step in again near the demand zone.
Trade Setup (LONG):
Entry: $0.18450 – $0.18600
Target 1: $0.18850
Target 2: $0.19100
Stop Loss: $0.18150
Why Long?
Price made a higher low and respected support during the pullback, signaling strength. The recovery candle followed by increased volume suggests buyers are defending the trend. If it breaks above $0.1880, continuation toward $0.19+ is likely.
Risk Management Tip:
Use tight stops below $0.181 to protect capital. Re-enter if breakout retests hold above $0.188.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!