DOGE Trade Setup
🔺Market Structure & Momentum
* 🐶$DOGE has broken key resistance levels at $0.2120–$0.2150 and is currently trading above the 100-hour SMA, indicating strong buyer pressure.
* ⭕️Futures open interest has surged past $3 billion, confirming bullish positioning and institutional interest.
Structural Highlights (SMC Framework)
* 🔺Break of Structure (BOS): The move above resistance marks a new higher high/low sequence — bullish trend confirmed.
* 🔺Potential Order Block (OB): The $0.2150–$0.2200 range may act as demand, offering a possible entry on pullback.
* 🔺Fair Value Gap (FVG): Between $0.1950–$0.2120 there’s likely an imbalance region that could attract price for a retest.
✅Bullish Thesis
🔸Open interest + structure suggests continuation. Institutional flow building.
➡️Why This Works
* ❇️Trend: Clean bullish structure and SMA support validate momentum.
* ❇️Liquidity & Interest: Strong open interest signals conviction from larger players.
* ❇️Quant Zone: Entry aligned with institutional OB and potential FVG fill, offering precision.
* ❇️Reward Potential: Gradual targets allow scalable exits at multiple resistance points.
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