🟢 DOGEUSDT.P | LONG – Discount → Equilibrium (H1) $DOGE
DOGE has sharply decreased and is currently accumulating in the Discount area
the price does not break Strong Low → prioritizing the rebound scenario to equilibrium.
🔍 SMC Analysis:
- Most recent trend: Decrease → showing signs of slowing selling pressure
- Price hits Discount + Strong Low
- Appears EQH / small equilibrium → absorption signal
- No new decrease BOS → waiting for short-term reversal
📌 Entry plan:
- Buy zone: 0.1360 – 0.1370 (Discount)
- Prioritize waiting for M15 confirmation (wicking / small CHoCH)
- Can split into 2 entries to optimize RR
🛑 Stop Loss:
- 0.1348 (below Strong Low)
- Close H1 candle below this area → cancel the trade
🎯 Take Profit:
- TP1: 0.1400
- TP2: 0.1428 (Equilibrium)
- TP3: 0.1450 – 0.1470 (Premium)
📈 Expected RR: ~1:3 – 1:5
🧠 Trade logic:
Sell side has been swept at the bottom
→ Smart Money absorbs sell orders at Discount
→ price rebounds to the equilibrium area to test liquidity again
⚠️ Note:
- Do not FOMO if the price has reached Equilibrium
- TP1 move SL to BE
- Only enter when there is a clear reaction