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🐕 DOGE is showing signs of life after a sharp sell-off... but is this the beginning of a reversal or just a temporary bounce?
On the 4H chart, buyers defended the 0.0681 support zone and pushed the price back above 0.0695. Momentum is improving, but DOGE still needs to reclaim higher resistance before the trend can be considered bullish.
📊 Trade Setup
🟢 Bullish Scenario
Entry: 0.0695 – 0.0700
TP1: 0.0708
TP2: 0.0718
TP3: 0.0730
SL: 0.0680
🔴 Bearish Scenario
If DOGE loses 0.0681 with strong volume, expect another move toward 0.0670–0.0665.
📈 Market Structure
• Support: 0.0681
• Resistance: 0.0708 / 0.0718
• Short-term bias: Cautiously Bullish
💡 My View
DOGE often moves explosively after periods of low volatility. If Bitcoin remains stable, meme coins could attract fresh momentum. However, confirmation above resistance is still needed before expecting a larger rally.
❓What's your prediction?
🐂 DOGE to 0.075 this week?
🐻 Or another rejection before the next breakout
$DOGE $BTC