PAIR: Dogecoin ($DOGE ) / TetherUS (USDT) — PERPETUAL Futures

CURRENT PRICE: ~0.1789

Analysis Overview:

The chart shows a LONG (Buy) setup already active.

Price previously bounced sharply from a strong support zone near 0.1735 - 0.1740, indicating a bullish reaction.

After the bounce, DOGE rallied upward and entered a mid-resistance zone around 0.1800, where it is currently facing some selling pressure (slight rejection).

This setup uses Risk-to-Reward Ratio (R:R) trading — the green box is the target zone (profit), and the red box is the risk zone (stop loss area).

Key Levels:

Entry: Around 0.1759

Current Price: 0.1789

First Resistance: 0.1800 (where it's currently reacting)

Major Resistance: 0.1825 - 0.1830

Stop Loss (SL): Below 0.1738

Target (TP): Break and hold above 0.1800 can lead toward 0.1825+.

Market Move Explanation:

Buyers stepped in strongly at 0.1735 support and pushed DOGE higher.

Right now, DOGE is testing the first minor resistance zone.

If DOGE successfully breaks and holds above 0.1800, it can extend the bullish move towards 0.1830.

If it fails and falls back below 0.1759, it may invalidate the long setup.

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