$DOGE Buy Setup at Trendline

✅ Trade Suggestion (Long Setup)

🔹 Entry Point:

Buy between 0.2200 – 0.2225

→ Currently testing lower trendline support.

🔹 Stop Loss:

Set SL at 0.2150

→ Below the channel and recent local swing low — protects from breakdown.

🔹 Take Profit:

  • TP1: 0.2350 (Mid-channel resistance)

  • TP2: 0.2480 (Upper channel resistance)

  • TP3: 0.2600 (Previous swing high)

    Risk/Reward Ratio: ~1:2.5 — favorable setup if support holds.

📈 Why This Setup Works

🔹 TrendSniperPro Buy Signals are aligned with support levels in the past.

🔹 Volume has decreased on the pullback, indicating it's more of a correction than a sell-off.

🔹 Strong confluence of lower regression band + prior bounce zones.

🔹 RSI is likely nearing oversold region — usually aligns with previous bounces.

⚠️ Alternative Bearish Scenario

If price breaks below 0.2150 with high volume, exit and wait for a re-entry near 0.2000, the next major support zone.

#Dogecoin‬⁩ #dogusdt #CryptoCPIWatch #TrendingTopic #TradingCommunity