Based on the DOGE/USDT 1-hour chart from Binance, here’s a potential trade setup:

Trade Setup: Long Position (Bullish)

Entry:

• The price is currently $0.1732, and it’s in an uptrend after bouncing from $0.16172.

• The 7-period MA (0.17175) and 25-period MA (0.17006) suggest bullish momentum.

• A pullback to the 0.1715 - 0.1720 zone could be a good long entry.

Stop Loss:

• Place a stop loss below $0.1690, as a break below this could signal a reversal.

Target 1: $0.1765 (recent high)

Target 2: $0.1790 - $0.1800 (next resistance zone)

Risk/Reward Ratio:

• If entering at $0.1720 with a stop at $0.1690, the risk is $0.0030.

• With a target of $0.1765, the reward is $0.0045, giving a 1.5:1 risk/reward ratio.#MasterTheMarket #Doge🚀🚀🚀