$DOGE /USDT 4H Trade Setup

šŸ“Š Market Insight:

$DOGE has retraced -5.16% after reaching a high of 0.28767. Price is now hovering near the 0.264 support zone and slightly below the 7 and 25-period MAs. However, it's still above the 99 MA, indicating the broader trend is intact, and the dip could offer a re-entry opportunity if support holds.

šŸŽÆ Entry Zone:

0.259 ā€“ 0.265

(Watch for bounce confirmation above 0.257)

šŸ„… Targets:

Target 1: 0.269

Target 2: 0.279

Target 3: 0.289

šŸ›‘ Stop Loss:

Below 0.249

šŸ”‘ Key Levels:

Support: 0.257 / 0.249 / 0.239

Resistance: 0.269 / 0.279 / 0.287 ā€“ 0.289

Pivot Level: 0.2645 (current midpoint support)

šŸ’” Pro Tip:

Volume is cooling down slightly but remains high (~562M), indicating speculative interest. For higher probability trades, wait for a bullish engulfing candle or a reclaim of the 0.2658 (MA7) with volume above MA(10) to confirm reversal momentum.

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