š $DOGE /USDT 4H Trade Setup
Market Insight:
$DOGE is trading at 0.21173, up +1.97%, but slightly below short-term moving averages MA(7) and MA(25), which are flattening out. Price remains comfortably above the long-term MA(99) at 0.20223, indicating that macro structure is still bullish. Volume is healthy, suggesting bulls still have presence, though momentum is slightly waning.
šÆ Entry Zone:
0.20550 ā 0.20850
(Confluence of support, mid-range of last move, and prior breakout area)
šÆ Targets:
Target 1: 0.21650
Target 2: 0.22070
Target 3: 0.22600
š» Stop Loss:
0.20000 (Below key structural support and MA(99))
š§ Key Levels:
Resistance: 0.21391 / 0.21646 / 0.22073
Support: 0.20660 / 0.20552 / 0.20005
Pivot: 0.21177
š” Pro Tip:
If DOGE reclaims 0.21390 with increasing volume, it could quickly retest the recent highs. Consider laddering entries in the 0.205ā0.208 zone to manage risk effectively. Keep watch on BTC's trend as DOGE tends to follow broader market sentiment.
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