$DOGE – Testing major support structure, sellers losing momentum
Trading Plan Long $DOGE
Entry: 0.07150 – 0.07360
SL: 0.06980
TP: 0.07650
TP: 0.07950
TP: 0.08200
Price has experienced a heavy pullback but is now stabilizing right above the recent local bottom of $0.07140. Looking at the 4-hour chart, the intense selling pressure is starting to dry up, showing controlled volume as buyers begin to defend this key support area.
When an asset holds a structural floor like this after a strong downward move, it indicates an exhaustion of sellers, setting up a solid risk-to-reward bounce opportunity back toward the moving averages.
Trade $DOGE here 👇
Trading Plan Long $DOGE
Entry: 0.07150 – 0.07360
SL: 0.06980
TP: 0.07650
TP: 0.07950
TP: 0.08200
Price has experienced a heavy pullback but is now stabilizing right above the recent local bottom of $0.07140. Looking at the 4-hour chart, the intense selling pressure is starting to dry up, showing controlled volume as buyers begin to defend this key support area.
When an asset holds a structural floor like this after a strong downward move, it indicates an exhaustion of sellers, setting up a solid risk-to-reward bounce opportunity back toward the moving averages.
Trade $DOGE here 👇