🚀 $DOGE
USDT BULLISH BREAKOUT – ROCKETING TOWARDS NEW HIGHS!
Dogecoin has just confirmed a powerful bullish breakout with an explosive vertical candle, indicating strong buying momentum and a potential for continuation.
🔑 Key Levels:
Support: $0.1616 – $0.1634 zone (previous accumulation and breakout base)
Resistance: Immediate resistance at $0.1744 (current TP zone)
Current Price: $0.1731
🎯 Trade Setup (LONG):
Entry Zone: $0.1635 – $0.1640 (breakout retest zone)
Take Profit Targets:
➤ TP1: $0.1700
➤ TP2: $0.1744
➤ TP3: $0.1780 (extended target if momentum sustains)
Stop Loss: $0.1616 (below key support zone)
📈 Short Market Outlook:
DOGE has broken out of a consolidation structure after forming a bullish falling wedge pattern. The impulsive move shows buyers are dominating, and the next 4H closures above $0.1700 will strengthen this uptrend. Watch for high volume continuation for further targets.
⚠️ Risk Management:
Always use a defined stop loss and risk only 1-2% of your capital per trade to protect against unexpected reversals.
#Dogecoin #CryptoTrading #BullishBreakout #Altcoins #CryptoAnalysis