🚀 DOGE Long Trade Setup – Meme King Gearing Up?
Dogecoin is back on the radar as it hovers around $0.24, pressing against a key resistance zone near $0.253. With Bitcoin consolidating and meme sentiment heating up, DOGE might be prepping for a breakout rally.
Why Bulls Are Watching:
Strong base at $0.21–0.22, defended multiple times.
Breakout trigger: Daily close above $0.253 could open the path to $0.275–0.295 (next resistance levels).
Whale moves: Over 1B DOGE scooped up by large wallets recently – smart money is loading.
Double-bottom potential: If confirmed, DOGE could stretch toward $0.42 in the coming weeks.
Long Strategy Snapshot:
Buy zones: $0.225–$0.23 (pullback), add heavier near $0.21–$0.215.
Breakout entry: Above $0.253 with volume spike.
Take profit: Scale out at $0.275 and $0.295; leave a moon bag for $0.32–0.36+.
Stop-loss: Weekly close under $0.16 invalidates the setup.
Sentiment Check: Funding rates remain mild, but greed levels (73/100) hint at rising hype. Watch for news or Elon tweets — historically, they have supercharged DOGE runs.
🔥 Meme season may be loading… are you?
DYOR No Financial advice!
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