I have analyzed
$DOGE in detail now.
Heavy
#BOOOOOOOOM incoming
According to my analysis,
$DOGE is showing a bullish continuation structure after a strong impulsive move and healthy consolidation. The price is holding around the support zone of 0.125, indicating that buyers are defending the level and the momentum remains constructive.
DOGE is forming higher lows on the 1H timeframe, confirming steady accumulation and the presence of buyers. As long as the price stays above the support area of 0.1235 – 0.1245, the bullish inclination remains intact.
The current structure favors continuation rather than a breakout.
For spot traders, this is a buy and hold structure.
I am bullish on DOGE in spot and expect a further increase.
Targets:
TP1: 0.1290
TP2: 0.1340
TP3: 0.1420+