๐ถ $DOGE Eyes 0.26 Again? Your 4H Strategy Starts Here!
Current Price: 0.24056 USDT
Trend: Uptrend, respecting the Linear Regression Channel
Recent action:
Price bounced from mid-line support of the channel.
"Buy" signal has triggered after pullback.
Volume has increased on green candles โ shows bullish momentum.
โ Trade Setup (Long Position)
๐น Entry Point (Buy):
0.2350 โ 0.2370 USDT
Reason: Minor pullback zone near mid-channel support, and it aligns with previous buy signal and structure.
Price may retest this before continuation.
๐ป Stop Loss:
0.2250 USDT
Reason: Below recent swing low and bottom of mid-channel range. A break below invalidates bullish setup short-term.
๐ฏ Take Profit:
TP1: 0.2600 USDT โ Retest of recent highs
TP2: 0.2740 USDT โ Upper boundary of the regression channel
Reason: Targets align with historical resistance and top of the channel.
Use TP1 for safer exit; TP2 for trend continuation profits.
๐ง Risk-Reward (R:R)
Entry: 0.2370
SL: 0.2250 โ Risk = 0.0120
TP1: 0.2600 โ Reward = 0.0230 โ R:R โ 1.9
TP2: 0.2740 โ Reward = 0.0370 โ R:R โ 3.0
This makes it a high-probability long trade.
๐ Alternative Scenario
If price breaks below 0.2250, invalidate long setup and wait for price to reach lower support ~0.2120 (bottom of regression channel) for a new entry.
๐งญ Summary
Parameter Value
Entry 0.2350โ0.2370
Stop Loss 0.2250
Take Profit 1 0.2600
Take Profit 2 0.2740
Trend BullishSetup
Regression bounce + momentum confirmation
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