$DOGE
USDT BULLISH REVERSAL BUILDING FROM STRONG DEMAND ZONE
$DOGEUSDT on the 1H timeframe is showing signs of accumulation after a corrective downtrend. Price formed a strong rejection from the recent swing low, printing long downside wicks that indicate aggressive buying pressure from the demand area.
The market structure is attempting to shift as selling momentum weakens and buyers step in with stronger bullish candles. A breakout above the immediate resistance cluster will confirm a short-term trend reversal and open the door for continuation toward higher liquidity zones.
Bullish Scenario:
Sustained movement above the recent lower high will validate bullish momentum and trigger expansion toward key resistance levels.
TP1: 0.1000
TP2: 0.1025
TP3: 0.1060
SL: 0.0945
Risk Management:
Risk only 1–2% of total capital per trade. Use controlled leverage, secure partial profits at first target, and trail stop loss to breakeven to protect gains during volatility.
#TechnicalAnalysis #CryptoTrading #PriceAction #TrendReversal