$DOGE 🔥 STRONG BULLISH MOMENTUM 🔥
Insights from Recent Analysis
Breakout Zone: DOGE is testing $0.214–$0.2295 as a potential breakout range.
Key Support: Holding above the 0.618 Fibonacci (~$0.216) could fuel a move back to $0.23–$0.24.
Pattern Setup: A double-bottom formation in the $0.145–$0.147 range targets resistance near $0.2596, aligning with the 0.618 Fibonacci level.
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DOGE Trading Strategy
1. Range Entry (Conservative, Medium Risk)
Entry Zone: $0.216–$0.222 (38.2% Fibo + current price)
Stop-Loss: Below $0.205
Targets:
T1: $0.230 (50% Fibo)
T2: $0.245 (61.8% Fibo)
T3: $0.2596 (double-bottom breakout)
Ideal for swing traders waiting for a rebound from support.
Risk & Notes
Risk per Trade: 1–2% of capital
Indicators to Confirm: RSI near 50+, volume breakout, MACD cross
DOGE tends to follow broader altcoin cycles; watch BTC/ETH sentiment
Avoid chasing positions in low-volume timeframes
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