**!DOGE/USDT – Hourly Frame Analysis (1H) ⏱️🐕
Current Price: $0.159296 (-0.036%)
Closing above the 25-period Exponential Moving Average (EMA25) supports the bullish outlook, and despite the recent correction, the price has formed small green reversal candles with decreased selling volume compared to the previous rise. The Relative Strength Index (RSI) is at ~58, indicating room for upward movement without entering the overbought territory.
Trade Setup:
✅ DOGE/USDT (Buy) LONG
🔰 Entry Price on Breakout: $0.1620
🎯 Targets:
$0.1650
$0.1680
$0.1710
$0.1740
🛑 Stop Loss: $0.1570
📌 Trader's Tip:
Wait for a one-hour candle to close above $0.1620 with increased trading volume before entering. After hitting the first target, move the stop loss to the entry price to secure capital, then let the position chase the remaining targets.
✅ DOGE/USDT (Sell) SHORT
🔰 Entry Price on Breakout: $0.1560
🎯 Targets:
$0.1530
$0.1500
$0.1470
$0.1440
🛑 Stop Loss: $0.1610
📌 Trader's Tip:
If the price breaks below the $0.1560 support with a confirmed one-hour candle closing underneath, a sell entry can be made. Place the stop loss above the broken resistance at $0.1610, and adjust the stop loss to protect profits as each target is reached.