$DOGE /USDC 4H Trade Setup
Market Insight:
$DOGE is up +6.77% in the last 24h, currently trading near $0.2266 with a 24h high of $0.2294. The volume remains strong, with 944M DOGE traded and USDC volume at 209M, indicating solid liquidity. The current volume (29.28M) is below the short-term moving averages (MA(5): ~47.85M and MA(10): ~36.46M), suggesting a slight pullback or consolidation phase after recent gains.
Entry Zone:
Look to enter around $0.222 – $0.2265, ideally on a minor dip or consolidation.
Targets:
$0.2307 – The recent 4H high resistance.
$0.2380 – Next resistance zone above psychological $0.24.
$0.2450 – Extended bullish target if momentum continues.
Stop Loss:
Set stop loss below support at $0.2150 or tighter near the 24h low at $0.2119 to manage risk.
Key Levels:
Support: 0.2150, 0.2119
Resistance: 0.2307, 0.2380
Pivot: ~0.2265 (current price level)
Volume & Moving Averages:
Current volume below MA(5) and MA(10) suggests waiting for stronger confirmation before aggressive entries. Watch for volume pick-up on upward moves.
Pro Tip:
Watch for a 4H candle close above $0.2307 with volume support to confirm bullish continuation. Consider scaling in your position to optimize risk/reward.
#ETHBreaks4000 #CryptoIn401k #USFedNewChair #Notcoin #USFedBTCReserve