$DOGE bullish structure is still holding and I'm watching for a continuation move after this healthy consolidation phase.
The main reason I'm bullish is that Dogecoin recovered strongly from $0.07766 and continues trading well above that low. Despite rejection near $0.09247, sellers have been unable to break the higher low structure. The current pullback looks corrective rather than the start of a new downtrend.
I'm seeing buyers defend the $0.085 area while price continues to consolidate near recent highs. If momentum returns, a breakout could send DOGE toward the next resistance levels.
How it's possible
• Strong recovery from $0.07766 support
• Higher lows remain intact on the 4H timeframe
• Buyers continue defending key support levels
• Pullback remains controlled after the recent rally
• Break above resistance could trigger fresh momentum
Trade Setup
Entry: $0.0860 - $0.0870
Stop Loss: $0.0840
Target 1: $0.0895
Target 2: $0.0925
Target 3: $0.0960
Target 4: $0.1000
Target 5: $0.1050
Trade Plan
I'm looking for $DOGE to hold above $0.0850 and build strength below the $0.09247 resistance level. A breakout and close above that zone could attract buyers and accelerate momentum toward the $0.0960-$0.1000 range.
Risk to Watch
A break below $0.0840 would weaken the bullish structure and increase the probability of a deeper retracement. Until then, buyers remain in control.
Let's go and Trade now $DOGE
The main reason I'm bullish is that Dogecoin recovered strongly from $0.07766 and continues trading well above that low. Despite rejection near $0.09247, sellers have been unable to break the higher low structure. The current pullback looks corrective rather than the start of a new downtrend.
I'm seeing buyers defend the $0.085 area while price continues to consolidate near recent highs. If momentum returns, a breakout could send DOGE toward the next resistance levels.
How it's possible
• Strong recovery from $0.07766 support
• Higher lows remain intact on the 4H timeframe
• Buyers continue defending key support levels
• Pullback remains controlled after the recent rally
• Break above resistance could trigger fresh momentum
Trade Setup
Entry: $0.0860 - $0.0870
Stop Loss: $0.0840
Target 1: $0.0895
Target 2: $0.0925
Target 3: $0.0960
Target 4: $0.1000
Target 5: $0.1050
Trade Plan
I'm looking for $DOGE to hold above $0.0850 and build strength below the $0.09247 resistance level. A breakout and close above that zone could attract buyers and accelerate momentum toward the $0.0960-$0.1000 range.
Risk to Watch
A break below $0.0840 would weaken the bullish structure and increase the probability of a deeper retracement. Until then, buyers remain in control.
Let's go and Trade now $DOGE