$DOGE DOGE/USDT Perpetual – 30M:
Trade Bias: Long / Buy (Support Bounce Setup)
Entry Zone: 0.1025 – 0.1035
Stop Loss: 0.1000 (below demand & invalidation)
Targets:
TP1: 0.1088
TP2: 0.1107
TP3: 0.1120
DOGE has completed a sharp corrective drop from resistance and is now stabilizing at a key demand/support zone. The price is showing signs of base formation after the sell-off, suggesting a potential relief bounce.
Current structure hints at a support reaction move before the next major decision.
Technical Confluence:
Strong support/demand reaction
Sell-off exhaustion into support
Descending structure nearing completion
Potential liquidity grab & bounce
As long as price holds above 0.1000, upside recovery remains likely.