DOGE/USDT 1H: Bullish Momentum Holding – Can $0.182 Be Reached?
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Current Market Conditions (Confidence: 8/10):
LONG Trade Setup:
Risk Score:
Market Maker Activity:
Recommendation:
L
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Current Market Conditions (Confidence: 8/10):
- Price at $0.1752, showing strong bullish momentum.
- No clear divergences present on RSI, suggesting sustained strength.
- Market Maker accumulation visible, confirmed by a recent sweep of lows at $0.163 and strong bounce.
LONG Trade Setup:
- Entry: $0.174 - $0.175 zone.
- Targets:
- T1: $0.178 (initial resistance).
- T2: $0.182 (extended liquidity zone).
- Stop Loss: $0.171 (below recent support).
Risk Score:
- 8/10 – Strong risk-to-reward setup with confirmation of Smart Money accumulation.
Market Maker Activity:
- Accumulation phase completed with a liquidity sweep below $0.163.
- Order blocks at $0.173 - $0.174 indicate continued bullish pressure.
- Minimal selling pressure suggests a continuation of the uptrend.
Recommendation:
L
- ong positions remain favorable within the $0.174 - $0.175 entry range.
- Monitor reaction at $0.178, as a strong breakout could confirm the move to $0.182.
- Use tight stops, as pullbacks could occur before continuation.
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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.