🐶 $DOGE /USDT Bottoming & Primed for Rebound
Live Price: $0.1677
Signal: Bullish Divergence + Breakout Setup
📊 Technical Snapshot
Bullish Divergence: DOGE’s RSI shows higher lows while price hits lower lows—a classic bottoming signal recently spotted at ~$0.1698 .
Oversold Territory: RSI around mid-30s; oversold conditions flagged by CoinDesk suggest a bounce is likely .
Support & Resistance:
Critical Support: ~$0.164–$0.168
Immediate Resistance: ~$0.172–$0.175
Breakout Target: Closing above $0.175 could trigger a rally toward ~$0.182 first, then possibly $0.214 .
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📌 Trade Plan
Action Price Range
Enter $0.1670–$0.1690
TP1 $0.1820
TP2 $0.2145
SL Below $0.1640
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💡 Market Insight
DOGE has been tracing a descending channel and now appears to be forming a bottom with strong divergence. With whales accumulating and funding turning positive, a rebound off strong support looks likely . Breaking above $0.175 with volume could confirm the next leg higher toward $0.21+.
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