📊 $KOGE

KOGE

Alpha

47.96

+0.03%

/USDT Range-Bound Market — Breakout Loading or Fake Move?

$KOGE is trading in a tight consolidation range on the 1H timeframe, hovering around the 47.8–48.0 zone after multiple failed attempts to break higher. Price recently spiked toward 48.9 but was quickly rejected, showing strong selling pressure near resistance. This structure suggests accumulation and indecision, with both buyers and sellers waiting for confirmation. A clean break above 49.0 could trigger upside continuation, while losing 47.4 may lead to a downside expansion.

Trade Setup

Entry: 47.6 – 48.0

Target 1: 48.6

Target 2: 49.2

Target 3: 50.0

Stop Loss: 47.0

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