📈 DOGE/USDT Daily Technical Analysis & Trade Plan 3 June 2025

$DOGE Current Price: $0.19437 (+2.47%)

Market Mood: "POW Vol" (Low Participation)

📅 Date: June 3, 2025

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🔍 Key Observations

1. 📉 Price & Trend

Trading below all major EMAs → Bearish bias

EMA(7): $0.20089 (resistance)

EMA(25): $0.20904 (strong resistance)

EMA(99): $0.20840 (long-term bearish)

24h Range: $0.18883 (Low) → $0.20051 (High)

Price near range support – possible bounce zone

2. 📊 Momentum Indicators

RSI(6): 24.45 → Oversold, bounce likely

MACD Histogram: -0.00568 → Bearish, but weakening

DIF (-0.00214) converging with DEA (0.00354) → Watch for crossover

3. 📉 Volume

Current: 457M DOGE

MA(5): 910M, MA(10): 849M → Weak momentum unless volume picks up

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📅 Today’s Price Prediction

🟢 Bullish Rebound Scenario

RSI oversold → Bounce to $0.20051 or $0.20148

Needs volume > 910M to confirm

🔴 Bearish Continuation Risk

Below $0.19437 opens to $0.18883 → $0.18048

📦 Likely Range: $0.1880 – $0.2010 (sideways chop with bounce risk)

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💡 Trade Strategy

✅ 1. Long Setup (Oversold Rebound)

Entry Zone: $0.1900 – $0.1940

Entry Trigger:

RSI > 30 + bullish candle

Break above $0.19600 with volume spike

Targets:

🎯 Target 1: $0.19800

🎯 Target 2: $0.20050 – $0.20150

Stop Loss: < $0.18850 (risk ~3–4%)

❌ 2. Short Setup (Trend Continuation)

Entry Trigger:

Rejection at $0.20000 – $0.20100

MACD bearish crossover

Targets:

🎯 Target 1: $0.19000

🎯 Target 2: $0.18500 – $0.18000

Stop Loss: > $0.20200 (trend break confirmation)

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⚠️ Critical Confluences

RSI < 25 = historically high-probability bounce

EMA Cluster ($0.20089 – $0.20904) = massive resistance zone

MACD nearing bullish crossover – watch 1H/4H charts

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📏 Risk Management

🧩 Position Size: Max 5% of capital

⚙️ Leverage: ≤3x (DOGE = high volatility)

📰 Catalysts to Watch:

Elon Musk tweets

BTC price action

News in POW/MEME sectors

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#DOGE #Cripto #CriptoTrading #BTC #MarketRebound