š $DOGE / USDT ā LONG TRADE SIGNAL š¢
š„ Market Overview:
$DOGE has maintained a strong uptrend since rebounding from the $0.189 support. The price is forming higher lows along the ascending trendline, confirming steady bullish momentum. A breakout above the $0.205 resistance could trigger a sharp move toward $0.218 ā the next supply zone.
š Trade Setup:
š Entry Zone: $0.1980 ā $0.2010
šÆ TP1: $0.2050
šÆ TP2: $0.2180
š Stop Loss: $0.1890
š” Market Outlook:
Trend: Bullish continuation with strong trendline support.
Aroon (14): 42.8% bullish ā early uptrend phase building strength.
Support Zone: $0.198 ā $0.189
Resistance Zone: $0.205 ā $0.218
Potential breakout above $0.205 may lead to acceleration toward $0.218 in the short term.
ā” Strategy & Risk Management:
Leverage: 3ā5x (Moderate Risk)
Risk Allocation: Max 2% of portfolio
Risk/Reward Ratio: ā 2.6:1
Trade Plan:
⢠Enter near trendline support or on breakout confirmation.
⢠Take partial profit at TP1.
⢠Trail SL to entry after TP1 is hit and target TP2 for full exit.
ā Summary:
Trend: Bullish
Setup Type: Trendline Retest + Breakout
Targets: $0.205 ā $0.218
Bias: LONG