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$DOGE Many traders ignore DOGE when RSI reaches 61, which is exactly when the trap is triggered.
DOGE/USDT - Long Position
Trading Plan:
Entry Price: 0.10603 - 0.10619
Stop Loss: 0.10534
Target 1: 0.10669
Target 2: 0.10707
Target 3: 0.10765
Why choose this strategy?
The 4-hour timeframe shows an uptrend with a confidence level of 77%, and the price is holding above the 0.10611 support level. The 15-minute RSI is at 61.75, not overbought, and is in the accumulation phase. The ATR indicator shows a narrowing price volatility range (0.000759), indicating a breakout is imminent. Target 1 is set at 0.10669, serving as the first gravitational point.
Controversy:
Is this a false signal before a sell-off, or a genuine squeeze above 0.107?
Click here to trade 👇️