$DOGE 🚀 BULLISH MOMENTUM 🚀
Chart Overview
Current Price: $0.2510
Trading Range: Holding between $0.23–$0.25, recently broke out of a bull-flag formation .
Support Levels:
$0.240 — key dip-fight zone
$0.23 — deep support, proven bounce point
Resistance Levels:
$0.25 — immediate cap after breakout
$0.27 — secondary resistance (based on historical highs)
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Technical Analysis
RSI: ~65 — bullish but not yet overbought; some room remains .
MACD: Positive crossover; momentum building.
ADX: ~23–28 — trend showing strength, but not extreme .
Chart Pattern: Bull-flag breakout around $0.24 confirmed — swing target near $0.30 .
Moving Averages: 5-,20-,50-, & 200-day all bullish per TipRanks and Barchart — long-term trend holds strong .
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Trading Strategy
Setup Entry Zone Stop-Loss Targets
Flag Continuation $0.245–$0.248 $0.238 $0.27 → $0.30
Dip Entry $0.240–$0.243 $0.230 $0.25 → $0.27
Pullback Short Rejection at $0.27 $0.275 $0.25 → $0.23
Flag Continuation: Ride momentum from breakout zone with tight stop below flag pole.
Dip Entry: Add on retests of the breakout zone; ensure support holds.
Pullback Short: If reversal occurs, use rejection at $0.27 with tight stop above.
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⚠️ Disclaimer:
This is for educational purposes only, not financial advice. Cryptocurrency trading is highly volatile—use proper risk management, including targeted stop-losses, and only trade with capital you can afford to lose.
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