$DOGE
🚀 Buy Signal – DOGE/USDT 🚀
📍 Ideal Entry Zone (Buy Zone):
0.0975 - 0.0990
*Enter after confirming a close candle above 0.0990*
🎯 Profit Targets:
Target 1 (TP1): 0.1016 (EMA21 resistance on H1) ✅
Target 2 (TP2): 0.1037 (EMA50 resistance on H1) ✅
Target 3 (TP3): 0.1066 (24-hour high) ✅
⛔ Strict Stop Loss:
0.0950 (Just below 0.09736 support)
📊 Reasons for Strong Buy Signal:
• Oversold on all time frames:
- H1: RSI at 33.06 (Oversold)
- 4H: RSI at 34.30 (Oversold)
- D1: RSI at 31.98 (Oversold)
• Sharp drop (-6.28%) creates a strong rebound opportunity
• Convergence of moving averages on H1 indicates weakening bearish momentum
⚠️ Important Warnings:
1. Overall trend is bearish - this is a counter-trend trade
2. High risk - use a small trading size
3. Strictly adhere to the stop loss of 0.0950
4. The trade is short-term targeting only the technical rebound
🎯 Execution Strategy:
1. Enter at 0.0975-0.0990
2. Stop loss at 0.0950
3. Take 50% of the trade at TP1 (0.1016)
4. Move the stop loss to breakeven upon reaching TP1
5. Take the rest at TP2 and TP3
✨ Summary:
👉 Strong buy signal due to oversold conditions on 3 time frames ✅
👉 Risk/Reward ratio is good (1:2.5)
👉 Timing: Now (with a confirming candle close above 0.0990)
👉 Expected duration: 1-3 days
📌 Note: This is a technical rebound signal and not a change in the overall trend