$DOGE Bulls Trying to Regain Control After Clean Rebound

$DOGE is currently trading at $0.20593 on the 4H chart, showing a strong bounce from the $0.19560 support zone. Price action is forming higher lows with green candles, hinting at a short-term bullish reversal. However, resistance at $0.20716 remains key.

Trade Setup

Entry Zone: $0.2055 – $0.2065

Stop Loss: Below $0.2020

Target 1: $0.2090

Target 2: $0.2130

Target 3: $0.2185

Market Insight:

DOGE is trying to shift the short-term trend back in favor of buyers. If it breaks above $0.2071 with volume, we could see a push toward the mid-$0.21 range. But caution is needed as selling pressure is still strong (58%). Use a tight SL and monitor momentum closely.