$DOGE /USDT - Identifying an Ideal Buy Setup 🔥💯
The price structure of $DOGE has formed a typical bullish pattern on the 15-minute timeframe. After a brief consolidation period, the breakout of the resistance zone at 0.1717 still stands with bullish trading volume, confirming a good buy entry position.
Entry Price: 0.1720
Target 1: 0.1740
Target 2: 0.1758
Target 3: 0.1774
Stop Loss: 0.1692
Risk Management:
Be sure to limit risk to 3-5% of capital. Once Target 1 is achieved, move the stop loss order to the entry level and take partial profits.
Professional Tip:
An increase in trading volume upon breaking the resistance zone and the appearance of two consecutive bullish candles indicates that momentum is in favor of the buyers. Watch for price stability above 0.1715 for confirmation.