#DOGE Today's Pro Trading Plan for DOGE/USDT - April 26, 2025
• Entry Zone:
• Primary: 0.19014 - 0.19300 (breakout above 24h high with volume > MA(5) at 1.23B).
• Secondary: 0.17428 - 0.17896 (retest of 7-day MA or 24h low with bullish reversal confirmation).
• Stop Loss:
• Aggressive: 0.17200 (below 7-day MA and 24h low buffer).
• Conservative: 0.16200 (below 25-day MA to account for deeper pullbacks).
• Risk/Reward Ratio:
• 1:2+ (risk ~0.009-0.011 vs. reward ~0.019-0.038 per unit).
• Profit Targets:
• Target 1: 0.19014 (near-term resistance from listed levels).
• Target 2: 0.19300 (24h high, psychological resistance).
• Target 3: 0.22218 (next structural resistance, aligning with 99-day MA at 0.21959).
• Strategy:
• Breakout Play: Enter long on a decisive close above 0.19300 with volume exceeding MA(5) (1.23B+). Trail SL to breakeven at Target 1.
• Dip-Buying: If price retraces to 0.17428-0.17896 and forms bullish reversal patterns (e.g., bullish engulfing, hammer), enter with SL below 0.17200.
• Volume Discipline: Partial profit-taking at Target 1/2 if volume falters near resistance. Hold remaining position for Target 3 only if volume sustains.
• Market Sentiment:
• Short-term neutral-bullish (price above 7-day and 25-day MAs), but longer-term bearish pressure persists (price below 99-day MA at 0.21959). Low volume relative to MAs signals cautious optimism.
• Invalidation Level / Caution Note:
• Invalidation: Close below 0.16200 (invalidates bullish structure, confirms bearish momentum).
• Caution: False breakouts likely if volume remains below MA(5). Monitor Bitcoin dominance and meme coin sector trends for directional cues.
Trade with precision. Let volume validate moves, and respect key MA thresholds. 🚀