$DOGE / USDT — Possible Long Setup in Strong Bullish Trend
Current Price: 0.24912
Analysis Timeframe: 1-Hour Chart
Market Structure:
After hitting a low of 0.21865, DOGE has recorded a decisive upward acceleration, surpassing multiple resistance levels with wide candles and increasing volumes. This scenario highlights buyer dominance and a trend that is still well supported.
Long Entry Area:
Consider buying between 0.24700 and 0.24950 in case of a moderate correction.
Stop Loss:
Below 0.24000, to contain risk in case of reversal.
Profit Targets:
• TP1: 0.25200
• TP2: 0.25800
• TP3: 0.26500
Operational Considerations:
The bullish momentum remains intact and, if the price manages to stay above 0.24600 during consolidation, we may see a new upward thrust with potential breakout of recent highs.
{future}(DOGEUSDT)
