#doge⚡
doge completed its rise on November 12, after a two-week consolidation, it finally shows a breakout trend.
doge retraced to a low of 0.341 after rising to 0.44, then began to oscillate upwards, completing five waves to a new high of 0.481, followed by an abc corrective wave, dropping to a low of 0.399 last night. The current price of 0.428 is in a bullish strength zone, with minor resistance at 0.431, allowing for staggered entry.
1. Market price entry 2. 0.416 3. 0.407
Enter positions at these three price levels with 20%, 50%, and 30% respectively.
Staggered profit-taking:
Take profit at 30% at 0.454, take profit at 25% at 0.496, take profit at 40% between 0.525-0.545.
Stop loss if it drops below 0.404 and fails to recover within an hour.