$DOGE E shorts got hit hard with a $19.38K liquidation at $0.38759! Momentum is building fast. Here's a detailed breakdown for the next moves:
Market Overview
Current Price Action: DOGE is showing strength as short positions get wiped out.
Sentiment: Bullish in the short term, but be cautious of resistance zones.
Strategy Plan
Buy Zone
Entry Point: $0.366 - $0.373
This is a safe accumulation range if the price consolidates after the pump.
Target Levels
1. Target 1: $0.395 — Minor resistance, ideal for quick profits.
2. Target 2: $0.417 — Strong resistance zone, next major take-profit level.
Stop Loss
Place at $0.355
This protects you if the price breaks below the key support level.
Risk Management
Risk-to-Reward Ratio: Aim for 1:3 minimum.
Position Size: Use only 2-5% of your portfolio for this trade to manage risks.
Pro Tip
If $DOGE breaches $0.417 with strong volume, it could run to $0.45 or higher.
Watch for Bitcoin and market sentiment for confirmation of the bullish trend.
Stay sharp, trade smart, and let the market come to you!
#CryptoReboundStrategy #BitcoinHashRateSurge #BitcoinTurns16 #BIOOpenonBinance #BinanceAlphaAlert