DOGE Analysis and Trading Plan 1k4
Analysis
A strong upward movement starting from 0.142, which reached a peak at 0.484. However, after that, a correction began, and the trend entered a consolidation phase.
The price is now in a sideways movement phase in the range of 0.35–0.42, with local breakout attempts.
The price holds the level of 0.35, which is an important support zone. This indicates a possible accumulation phase before a new impulse.
Trading plan
Entry point: 0.357
Stop loss: 0.3399
Take profit: 0.424
Ratio 1k3.92