The $DOGE breakdown never truly materialized, which is crucial for this setup.
$DOGE - LONG
Trade Plan:
Entry: 0.10130 – 0.10192
SL: 0.09976
TP1: 0.10346
TP2: 0.10408
TP3: 0.10531
Why this setup?
The 4h chart maintains a LONG bias, while the 1D trend stays bearish. The key levels are clear:
- Price has returned to 0.10130 – 0.10192
- Entry zone is near 0.10161
- RSI 15m reads 63, indicating neutral momentum for further buildup.
- 15m volume is 1.91x, with 132.09M traded against an expected 69.10M per 15m, confirming genuine bid participation.
Holding 0.09976 targets 0.10346 first. Expanding momentum could stretch toward 0.10531.
Debate:
Is this the start of a squeeze, or a trap for late entrants?
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