Here’s a clean and concise technical analysis summary and trade idea for #DOGEUSDT based on your setup:
🐶 #DOGEUSDT Analysis – Retests Key Zone: $0.168 Incoming?
Dogecoin has reclaimed the $0.162 resistance zone and is currently retesting this level as support — a classic bullish signal. The structure remains intact, and the chart suggests strong momentum, especially if the $0.1625 level holds firm.
📊 Scenario:
If the retest holds, bulls may push DOGE toward the next key resistance at $0.1683, followed by $0.1720.
However, a failure to hold this zone may see a drop toward $0.157 support.
🔧 Trade Setup
✅ Entry: $0.1625 (on retest confirmation — e.g., bullish candle or volume uptick)
🎯 Take Profit 1 (TP1): $0.1683
🎯 Take Profit 2 (TP2): $0.1720
🛡 Stop Loss (SL): $0.1580
📈 Risk-Reward Breakdown:
R:R to TP1: ~1.45
R:R to TP2: ~2.2
⚠️ Risk Note:
Confirm with volume.
Avoid chasing if price breaks $0.1625 without a proper retest.
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