Headline: DOGE Structure Alert: Liquidity Grab or Trend Reversal? 📈🚀
"Hello Binancians! I am The Chart Reader.
Today the structure in the market at $DOGE is at a very interesting point. If you are only looking at candles, you may get trapped, but if you are reading levels, the story is different.
🔍 Today’s Chart Logic (11 Feb):
I have marked 3 main zones on the charts that will decide today’s game:
1. Asia Session Range: The market has swept liquidity between Asia High ($0.09357) and Asia Low ($0.09007).
2. Daily Open (DO): The price is currently trading below $0.09271 (Daily Open), which indicates short-term bearish sentiment.
3. The Master Zone: $0.08783 is today’s biggest support zone (24H Low). If this doesn’t hold, we could go further down.
🛡️ My Execution Strategy (The 15% Rule):
The market is currently volatile, so don’t follow emotions, follow rules:
. Entry: Only allocate 15% capital on any confirmation (H1 candle close).
. Layering: Divide this 15% into 5 layers (DCA) for a better entry average.
. Reserve: Always keep the remaining 85% capital safe. A 'Chart Reader' never puts all their assets on the line at once.
"Remember, trading is not gambling. Wait for the levels and let the market come to you!"
What do you think, will $DOGE bounce from here or touch $0.08783?
👇 Share your opinion in the comments!
#TheChartReader #DOGE #PriceAction #RiskManagement #Write2Earn #CryptoAnalysis