5. *Chart structure:* • Possible breakout from a long *descending channel* • Patience needed to confirm a *reversal*
- *Bullish scenario:* If DOGE holds support at 0.12605 and continues to rebound, the *first realistic target* is around 0.20 – then 0.30 and potentially *0.43* (according to the green projection rectangle).
- *Bearish scenario:* If DOGE breaks *0.12605* and especially *0.10057*, there is a risk of a deeper fall — invalidating the bullish setup.
*Take profits (targets):* - *TP1:* 0.20 USDT → secure part of the position - *TP2:* 0.30 USDT → good psychological level - *TP3:* 0.43 USDT → top of the channel (big gain)
- Enter in stages (DCA) if you want to limit risk. - Do not invest all your capital in a single trade. - Monitor *volumes* and *RSI/KDJ* to confirm the rebound.
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$DOGE Technical analysis of *DOGE/USDT* (daily – 1D),
🔍 *Visual analysis*
1. *Current price:* 0.13219 USDT
2. *Change:* +8.33% — strong short-term bullish momentum
3. *Key support zone:*
• 0.10057 – extreme support
• 0.12605 – medium-term support (accumulation zone)
4. *Resistance zone:*
• 0.20 – 0.25 USDT (former consolidation zone)
• 0.30 – 0.43325 USDT (major long-term target)
5. *Chart structure:*
• Possible breakout from a long *descending channel*
• Patience needed to confirm a *reversal*
- *Bullish scenario:*
If DOGE holds support at 0.12605 and continues to rebound, the *first realistic target* is around 0.20 – then 0.30 and potentially *0.43* (according to the green projection rectangle).
- *Bearish scenario:*
If DOGE breaks *0.12605* and especially *0.10057*, there is a risk of a deeper fall — invalidating the bullish setup.
🎯 *Swing trading strategy (short/mid-term)*
*Entry zone:*
- Buy between *0.125 – 0.132 USDT* (current price = 0.13219)
*Stop-loss:*
- Below *0.100 USDT* (extreme support zone)
- Example: *0.098 USDT*
*Take profits (targets):*
- *TP1:* 0.20 USDT → secure part of the position
- *TP2:* 0.30 USDT → good psychological level
- *TP3:* 0.43 USDT → top of the channel (big gain)
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⚖️ *Risk management*
- *Risk:* approximately *-25%* (from 0.132 to 0.098)
- *Potential gain:*
- TP1 → +50%
- TP2 → +125%
- TP3 → +225%
*Reward/Risk ratio* very favorable (2:1 to 4:1).
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🔔 *Advice*
- Enter in stages (DCA) if you want to limit risk.
- Do not invest all your capital in a single trade.
- Monitor *volumes* and *RSI/KDJ* to confirm the rebound.
Would you like the same strategy on other cryptos? subscribe like share
✍️✍️🧘🧘✊✊