Dogecoin (DOGE/USD 1H) – Sharp Rally into Supply Zone!
DOGE just printed a massive +6.84% breakout, surging straight into a key supply zone between 0.1835 and 0.1900, as identified by LuxAlgo's Supply & Demand.
What’s happening:
Clean break above previous resistance at 0.1700
Entering high-volume node (0.1835–0.1900), where sellers previously dominated
RSI likely overheating on lower TFs, signaling potential short-term exhaustion
Key Zones to Watch:
Resistance: 0.18465–0.1900 (major supply = likely rejection or breakout trap)
Support: 0.1700 (former resistance now flipped support)
Demand Base: 0.1557–0.1500 (ideal long reload zone if price dips)
Scenarios:
Bullish Breakout: Clear move and close above 0.1900 = fresh rally potential toward 0.21+
Rejection Play: If supply holds, expect pullback to 0.1700 or deeper into demand zone (0.1550 area)
How I'm trading it:
Watching PA at 0.1850–0.1900 closely
Entering shorts if rejection candle confirms
Long reload only at 0.1700 or 0.1550 if structure remains bullish
DOGE moves fast — are you long or waiting for a pullback?
#Dogecoin #Crypto #DOGEUSD #Breakout #LuxAlgo #SupplyAndDemand #TradingView #CryptoTrading #Altcoins
DOGE just printed a massive +6.84% breakout, surging straight into a key supply zone between 0.1835 and 0.1900, as identified by LuxAlgo's Supply & Demand.
What’s happening:
Clean break above previous resistance at 0.1700
Entering high-volume node (0.1835–0.1900), where sellers previously dominated
RSI likely overheating on lower TFs, signaling potential short-term exhaustion
Key Zones to Watch:
Resistance: 0.18465–0.1900 (major supply = likely rejection or breakout trap)
Support: 0.1700 (former resistance now flipped support)
Demand Base: 0.1557–0.1500 (ideal long reload zone if price dips)
Scenarios:
Bullish Breakout: Clear move and close above 0.1900 = fresh rally potential toward 0.21+
Rejection Play: If supply holds, expect pullback to 0.1700 or deeper into demand zone (0.1550 area)
How I'm trading it:
Watching PA at 0.1850–0.1900 closely
Entering shorts if rejection candle confirms
Long reload only at 0.1700 or 0.1550 if structure remains bullish
DOGE moves fast — are you long or waiting for a pullback?
#Dogecoin #Crypto #DOGEUSD #Breakout #LuxAlgo #SupplyAndDemand #TradingView #CryptoTrading #Altcoins
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✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.