📊 Trade Setup: $DOGE — Bullish Recovery but Entering Resistance

DOGE bounced sharply from 0.131 and reclaimed EMAs, but momentum is fading as price stalls near Bollinger midline on 4H + declining volume. A controlled long on pullback offers a good R:R.

🔺 Long Entry: 0.1470–0.1490 USDT (Buy retracement into EMA20)

🎯 Take-Profit Targets:

TP1: 0.1530 USDT — Recent swing high

TP2: 0.1570 USDT — 4H Bollinger upper band

🛑 Stop-Loss: ❌ 0.1450 USDT (Below EMA50 + previous consolidation)

Risk:Reward ~ 1:2

⚠️ Risk Factors

MACD bearish histogram increasing — short-term weakness possible.

If BTC pulls back, DOGE often exaggerates the drop.

Rejection from 0.1530 may cause another leg down.

#DOGE #cryptotrading #BinanceSquare