$DOGE /USDT – Long Trade Setup
Dogecoin is currently trading at 0.2135, showing a strong recovery after a recent dip toward 0.2080. The bullish rejection candle indicates demand building near lower support, with momentum now pushing price back above intraday resistance. This suggests buyers are stepping in for a possible continuation toward the next resistance levels.
Trade Setup
Entry: 0.2135
Target 1: 0.2172
Target 2: 0.2192
Target 3: 0.2246
Stop-Loss: 0.2118
Risk Management
Use 3–5% of portfolio allocation for this trade. After hitting Target 1, shift stop-loss to entry point to lock in safety and reduce downside risk.
Pro Tip
If DOGE sustains above 0.2172 with rising volume, it could open the door for a quick move toward 0.2246. However, a close below 0.2110 would weaken the setup, signaling caution.
