Bullish Trade Signals for DOGE/USDT (4H Chart)
1. Support Bounce – The price rebounded from $0.23439, indicating strong buying interest at that level.
2. Higher Low Formation – After hitting the low, the price is attempting to form a higher low, signaling potential trend reversal.
3. Volume Spike – A surge in volume during the bounce suggests accumulation by buyers.
4. Moving Average Crossover (Short-Term) – The MA(5) is above MA(10), which can be an early bullish signal if it continues.
5. MACD & RSI Confirmation Needed – If MACD shows bullish crossover and RSI is recovering from oversold, it will strengthen the bullish case.
6. Breakout Potential – If the price breaks above $0.248 – $0.250, it could confirm a short-term uptrend.
Trade Setup:
Entry Zone: $0.243 – $0.245 (On a small pullback or confirmation above resistance)
Stop-Loss: $0.239 – $0.240 (Below recent support)
Target 1 (TP1): $0.250 – $0.255
Target 2 (TP2): $0.260 – $0.265
Would you like confirmation with more indicators like RSI, Bollinger Bands, or Fibonacci levels?