$DOGE /USDT is showing signs of a potential bounce after dipping to test key support around 0.0982! đ
The chart displays a downtrend with red candles dominating, but we're holding above the recent low of ~0.079991, and the price has rebounded slightly from the dashed support line at 0.09827. EMAs are stacked bearish (8 above 13 above 21), yet Stochastic (K:42, D:47, J:31) is in neutral territoryânot deeply oversold but curling up from lower levels, hinting at easing downward momentum.
RSI(14) at ~42 and RSI(6) near 45 are climbing from oversold zones earlier, suggesting buyers could step in if volume picks up (current vol solid at billions). This setup screams oversold rebound opportunity on the 1D/4H timeframeâperfect for a short-term long play before any deeper correction.
Trade Idea: LONG $DOGE /USDT Now!
Entry: Around current ~0.0983
Take Profit: 0.1078 (near recent swing high & EMA cluster resistance) â solid 9-10% upside
Stop Loss: 0.0920 (below key support to protect against breakdown) â risk ~6%
Momentum could push toward 0.102-0.105 quickly if bulls defend $0.098. Don't miss this dip-buy windowâmemecoins love quick reversals! đ„
Trade or BUY $DOGE / $USDT Now! Follow & turn đ on â for more alpha calls!
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