$DOGE

4H analysis of DOGE/USDT šŸ¶šŸ’°, including a signal-based trading strategy at the end! šŸš€šŸ‘‡

šŸ“ˆ Price Action Overview

•Current Price: $0.22273 šŸ”»

•24H High/Low: $0.22946 / $0.21374

•Recent Peak: $0.25970 (🚧 resistance)

•Support Level: $0.20906 (šŸ›”ļø key defense)

•Structure: Pullback after sharp rally — lower highs forming āš ļø

šŸ“Š Volume

ā€¢šŸ”„ Spiked heavily during the pump near $0.25970

ā€¢šŸ”‡ Now fading = buyers drying up 🐢

•If volume stays low = sideways or drop likely 😓

šŸ“‰ MACD (Momentum)

•MACD < Signal = bearish crossover

•Histogram red and increasing = Selling pressure active šŸ”»

•Not deeply oversold yet = More room to drop 😬

šŸ“‰ KDJ (Stochastic Oscillator)

•K: 40.13, D: 36.19, J: 48.03

•Middle range = indecisive

•J peaked and dropped → bearish correction

•Small upward bend forming = possible short-term bounce setup šŸ‘€

🟣 Key Support/Resistance

•Major Resistance:

•$0.25970 (top wick)

•$0.24289 (Upper BOLL)

•Key Support:

•$0.21626 (Lower BOLL)

•$0.20906 (last support before breakdown)

•Breakdown Target: $0.18050 then $0.15193 ā—

🧠 Signal-Based Trading Strategy

šŸ“Œ For Long Entry (Bullish):

āœ… Entry: On candle close above $0.230 with volume > last 5 bars

šŸ“ˆ Take Profit (TP):

TP1: $0.242

•TP2: $0.259

šŸ›”ļø Stop Loss (SL): $0.216 (just below lower BOLL)

šŸŽÆ Ideal entry is reclaiming middle BOLL with bullish volume

šŸ“Œ For Short Entry (Bearish):

āœ… Entry: Candle close below $0.209 with volume spike

šŸ“‰ Take Profit (TP):

•TP1: $0.195

•TP2: $0.181

šŸ›”ļø Stop Loss (SL): $0.229

ā—Confirm with red MACD bar + J line dropping fast = high-probability short

🧊 Overall Sentiment

ā€¢šŸ“‰ Bearish short-term (correction mode)

ā€¢šŸ•µļø Watching $0.209-$0.230 as the make-or-break zone

ā€¢šŸ§Ø Breakout or breakdown incoming – play reactively, not predictively!