🚀 DOGE/USDT Bullish Breakout in Progress – Eyes on $0.215
🔍 Chart Overview:
🟢 Current Price: $0.201 (Testing key resistance)
🟩 Daily Resistance: $0.20265 (200 EMA on 1D)
🟨 Support Zones:
$0.19039 (50 EMA 1D)
$0.18440 (100 EMA 1D)
📈 1D RSI: 64.94 (Approaching overbought, but still room)
📈 1H RSI: 61.57 (Healthy uptrend momentum)
📊 Technical Structure:
✅ Daily candles show a consolidation breakout attempt after reclaiming all EMAs. Price is now knocking on 200 EMA resistance ($0.20265).
✅ 1H chart confirms short-term bullish momentum with a strong breakout candle and rising RSI.
✅ The alignment of 20/50/100 EMAs under the price on both timeframes suggests trend reversal to the upside is in effect.
🎯 Trade Setup:
🔵 Long Entry: Above $0.203 (confirm breakout of 200 EMA)
🎯 Targets:
TP1: $0.215
TP2: $0.228
TP3 (Swing): $0.245 (previous rejection zone)
🔴 Stop-Loss: Below $0.190 (below daily 50 EMA)
📅 Trade Duration: 2–5 Days (Short swing position)
💡 Trader Notes:
Break above $0.203 with good volume can trigger a mini altseason impulse on $DOGE .
Ideal for momentum traders looking for early entries before full confirmation.
If rejection happens at $0.20265, wait for RSI cooldown and re-test support at $0.190 before re-entry.
🧠 "Patience before the breakout is more profitable than panic during it."
Wait for breakout confirmation – but don't chase green candles blindly.
📌 This is not financial advice. Trade at your own risk. Always manage your position size and SL.
