DOGE is currently testing a critical support zone in the $0.15–$0.16 range. This level has historically acted as a base for bullish reversals. However, we're only considering a long entry if both DOGE and BTC confirm signs of holding their respective support levels. BTC’s structure remains crucial for altcoins to gain traction.
🔹 Long Spot Trade Setup (Conditional on Confirmation):
Entry Zone: $0.15 – $0.16
Take Profit Targets:
• TP1: $0.18 – $0.20
• TP2: $0.24 – $0.29
Stop Loss: Below $0.14
This setup targets a strong risk-to-reward structure, but we stress the importance of waiting for bullish confirmation before entry.
🔹 Long Spot Trade Setup (Conditional on Confirmation):
Entry Zone: $0.15 – $0.16
Take Profit Targets:
• TP1: $0.18 – $0.20
• TP2: $0.24 – $0.29
Stop Loss: Below $0.14
This setup targets a strong risk-to-reward structure, but we stress the importance of waiting for bullish confirmation before entry.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.