Technical Analysis (DOGE/USDT - 1D Chart)
- Entry Zone: DOGE is testing a key support zone (green area) around $0.20, which previously acted as a demand zone.
- Target: The upside target is set around $0.33, aligning with past resistance levels.
- Risk Management: Stop-loss positioned below $0.1685 to mitigate downside risk.
- Market Structure: The price is at a critical support area, and a bullish reversal from this zone could trigger an upward move. Confirmation with volume increase would strengthen the setup.
Outlook: If the support holds, DOGE has potential for a recovery rally toward the target zone.
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- Entry Zone: DOGE is testing a key support zone (green area) around $0.20, which previously acted as a demand zone.
- Target: The upside target is set around $0.33, aligning with past resistance levels.
- Risk Management: Stop-loss positioned below $0.1685 to mitigate downside risk.
- Market Structure: The price is at a critical support area, and a bullish reversal from this zone could trigger an upward move. Confirmation with volume increase would strengthen the setup.
Outlook: If the support holds, DOGE has potential for a recovery rally toward the target zone.
If you enjoy, press the like button.
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Congratulation guys, 200 pips+ profit booked , enjoy & secure your profit.Trade closed: target reached
Trade closed with 400 pips+ profits.
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
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.