🚀 $DOGE /USDT EYES A STRONG REBOUND! 🚀
$DOGE just pulled back from a fresh local high of $0.17542, bouncing earlier from a strong support zone near $0.15655.
The 4H chart shows a clear bullish swing structure with higher lows forming, which indicates that buyers are still interested in this level.
This current dip is healthy profit-taking after the sharp push up. If DOGE holds above the $0.1650–$0.1660 zone, it could act as a launchpad for the next leg higher.
Traders should watch for a bullish 4H candle close or a strong bounce in volume to confirm entry.
The setup favors a risk-reward long trade, aiming for a retest of the recent high and possibly a breakout if broader market sentiment turns positive.
Long Trade Setup – DOGE/USDT
Entry Zone: $0.1660 – $0.1675 (look for bullish confirmation)
Target 1 (TP1): $0.1720 – retest immediate resistance
Target 2 (TP2): $0.1750 – reclaim the local high
Target 3 (TP3): $0.1785 – extended push if momentum is strong
Stop Loss: $0.1625 (below previous minor support)
A break below $0.1625 would invalidate the setup, so manage risk accordingly!
Pro Tip: Monitor Bitcoin and broader market sentiment—DOGE often follows BTC's lead for bigger moves.
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