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【$DOGE Signal】Pullback to go long: 4H moving average support + buying depth advantage
$DOGE 1H RSI 44.6, buying depth ratio 1.31, funding rate 0.0028% normal. Price closely follows the 1H lower Bollinger Band at 0.1072, with the 4H middle Bollinger Band at 0.1070 forming support. Selling volume continues to shrink, buying accumulation is obvious around 0.1066. The bulls' defense line has not yet been broken, waiting for a pullback confirmation.
🎯Direction: Long (Pending order)
⚡Entry/Order: 0.10661
🛑Stop loss: 0.10258
🚀Target 1: 0.11467
🚀Target 2: 0.11870
🛡️Trade management:
- Reduce 50% of position after reaching Target 1, move stop loss to entry level. If price falls below 0.10661, the pending order becomes invalid, no chasing.
Depth logic: 4H MACD shows expanding bearish momentum but 1H bearish momentum is shrinking, downward momentum decreasing. Open interest remains stable with no abnormality, funding rate is low and has not triggered short squeeze conditions. Buying depth has the advantage, with a risk-reward ratio of about 2.5:1 when retracing to support zone, suitable for ambush. The current risk-reward ratio makes it worthwhile to test with a small position, but beware of market linkage risks.
View real-time market 👇 $DOGE
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