$1MBABYDOGE /USDT Analysis โ Bullish Setup Formed๐ค๐๐
Current Price: 0.0012594 USDT
Timeframe: 1D & 1H
Technical Breakdown:๐
๐On the daily chart, $1MBABYDOGE has shown an explosive bullish candle breaking through multiple resistance levels and reclaiming the 50-day EMA zone. Strong bullish momentum with increasing volume suggests buyer dominance. The stochastic RSI is curving upward from overbought, which may still fuel more upside if volume sustains.
๐On the 1H chart, a clear BOS (Break of Structure) was confirmed, followed by a strong impulse candle which tapped into supply and then saw a healthy retracement. The price is currently holding above the 20 EMA and forming a flag-like structure, which could serve as a continuation pattern.
Trade Strategy (Long Bias):๐ฅ
Entry Zone: 0.0012300 โ 0.0012400 (retest zone with 20EMA bounce)โ
Target 1: 0.0013166 (Daily EMA Resistance)
Target 2: 0.0016029 (Next key supply zone)๐ฏ
SL (Stop Loss): 0.0011887 (Below hourly EMA cluster)โฃ๏ธ
Trade Duration: 1-3 Days โ
Risk/Reward Ratio: 1:2.5+
Pro Tip:๐งโ๐ซ
Donโt chase the pump. Wait for pullback confirmation on 1H support. Momentum is strong but let the market breathe for optimal entry.
Sentiment: ๐คฝ
Market is showing strong bullish bias, any dip near EMA zones can trigger sharp recovery.
๐จโโค๏ธโ๐จ โGreat trades are not about predictions, theyโre about preparation.โ
Disclaimer: โ ๏ธ
This analysis is for educational purposes only. Always DYOR before entering any trade.