📌 Analysis + Trade
⏱️ !DOGE/USDT – Analysis on the hourly timeframe (1h)
Current price: $0.19803
📌 Technical analysis in brief:
The price bounced from support at $0.1950 and reached $0.1980, facing resistance at $0.2000.
The price is above EMA7 ($0.1970), EMA25 ($0.1920), and EMA99 (~$0.1850), which reinforces the bullish outlook.
RSI6 at ~57 → Neutral and indicates the possibility of additional upward movement without overbought conditions.
📌 Trade settings:
✅ DOGE/USDT (Buy) LONG – priority
🔰 Entry price upon breaking resistance: $0.2000
🎯 Targets (expected within the coming hours):
• $0.2050
• $0.2100
• $0.2150
• $0.2200
🛑 Stop loss: $0.1920
📌 Trader's advice:
Make sure to close the 1h candle above $0.2000 with high trading volume before entering.
✅ DOGE/USDT (Sell) SHORT – for corrective bounces
🔰 Entry price upon breaking support: $0.1920
🎯 Targets (short corrections):
• $0.1880
• $0.1850
• $0.1820
• $0.1790
🛑 Stop loss: $0.2000
📌 Trader's advice:
Wait for the 1h candle to close below $0.1920 with clear volume before entering.
✨ Trader's advice:
"Do not hesitate to wait for full confirmation before entering, and manage your risks carefully."
