$DOGE /USDT – Long Trade Setup
DOGE is trading at 0.2165, showing a modest recovery of +1.15% after bouncing from the 0.2075 support zone. The 4H chart highlights a short-term bullish reversal structure, with buyers attempting to reclaim lost ground. If momentum continues, DOGE could push into higher resistance levels where selling pressure previously emerged.
Trade Setup
Entry: 0.2150 – 0.2170
Target 1: 0.2290
Target 2: 0.2340
Target 3: 0.2390
Stop-Loss: 0.2070
Risk Management
Allocate only 3–5% of portfolio per trade. Once Target 1 is reached, shift stop-loss to entry for capital protection. DOGE tends to show sharp intraday swings, so avoid chasing green candles without confirmation.
Pro Tip
A sustained 4H close above 0.2200 would confirm momentum strength and open room for higher targets. Watch Bitcoin’s short-term trend, as DOGE’s price often reacts strongly in correlation with BTC volatility.