$DOGE
- Preparing a buy order, strong upward trend continues
Current price: 0.24912
Time frame: One-hour chart
Market structure: The DOGE coin has sharply risen from its low of 0.21865, breaking through multiple resistance levels with strong bullish candles and high trading volume, indicating continued buyer dominance.
Entry level:
Enter a buy order between 0.24700 and 0.24950 on a tight pullback.
Stop loss:
Place a stop loss order below 0.24000 to limit downside risk.
Target points:
• First profit target: 0.25200
• Second profit target: 0.25800
• Third profit target: 0.26500
Trading analysis:
The momentum appears clearly bullish, as the Dogecoin indicator shows no signs of exhaustion yet. A brief stability above the 0.24600 level may provide an ideal entry point before the next upward wave.