Bullish Breakout Setup – $DOGE /USDT

Asset: $DOGE (Dogecoin)

Long Liquidation Alert: $5.47K at $0.19197 – leveraged longs wiped out, hinting at a possible reset before the next leg up.

Market Pulse

DOGE just experienced a mild but notable liquidation flush at the $0.192 mark, a level that coincides with short-term demand. The shakeout appears to have removed weak hands, setting the stage for a potential upside breakout as market structure firms up.

Trade Setup

Entry Strategy:

Early Accumulation: $0.193 – $0.196 (watch for consolidation strength)

Breakout Confirmation: Above $0.199 with solid volume

Stop-Loss:

🔻 Below $0.1895 — just beneath the liquidation zone and recent swing low

Bullish Targets:

🎯 Target 1: $0.203

🎯 Target 2: $0.211

🎯 Target 3: $0.225 — major resistance from recent highs

Key Technical Levels

Support: $0.1895 / $0.1919

Breakout Trigger: $0.199

Overhead Resistance: $0.225

Sentiment & Momentum

The liquidation suggests a brief moment of fear and overreaction among over-leveraged traders. DOGE continues to show strong interest across social and retail circles. A clean break above $0.199 could attract renewed momentum and trigger algorithmic buys.

📍 Next Play

Monitor for a sustained breakout above $0.199 on rising volume. If confirmed, expect a swift move toward mid-term resistance.

Suitable for day traders and short-term swing setups with a favorable risk-to-reward profile.

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