$DOGE — Price Compression Model | Potential Bullish Breakout
{future}(DOGEUSDT)
The price is moving within a narrow range above a significant support level after a strong rejection, with small ascending peaks indicating a consolidation phase before a potential upward movement.
Buy Trade (LONG)
Entry Zone: 0.0918 – 0.0924
Profit Targets:
First Target: 0.0935
Second Target: 0.0945
Third Target: 0.0960
Stop Loss: 0.0909
Analysis:
The price has bounced off the EMA99 average and is moving below the EMA25 resistance. If the EMA25 is broken with strong momentum, the upward trend may continue.