#DOGEUSDT : Oversold Reversal Setup (Bullish)
š Key Bearish Signals (Context):
- Sharp Decline: Price down -7.67% in 24h, near 24h low ($0.18549).
- MACD Bearish: DIF (-0.00946) < DEA (-0.00713), histogram negative (-0.00234).
- Negative OBV: Selling pressure dominant (-3.26B).
#### š Bullish Catalysts (Reversal Triggers):
1. Extreme Oversold Indicators:
- RSI(6): 23.41 (Lowest since April 2025).
- StochRSI: 6.71 (Oversold zone).
- Williams %R(14): -89.7 (Oversold extreme).
2. Bollinger Band Squeeze:
- Price ($0.1898) near LOWER BAND ($0.18210) ā Rebound likely.
- Target: Middle Band ($0.20876), a +9.5% upside.
3. Long Dominance:
- 73.25% accounts & 66.88% positions are LONG ā Capitulation risk fading.
#### ā” Trade Strategy:
- Entry: Near current price ($0.1897ā0.1900).
- Targets: $0.2000 (5.4% gain) ā $0.2088 (9.5% gain).
- Stop-Loss**: Below 24h low ($0.1854).
- Leverage: ā¤5x (high volatility).
> Note: 25% risk reserved for breakdown below $0.1850.
Signal Updates:
- ā BUY for swing rebound (1D-3D).
- š Set alerts: $0.1855 (stop) / $0.2088 (take profit).