DOGE Explodes +7% – Major Supply Zone Hit! Will the Rally Hold?”

Dogecoin (DOGE/USD 1H) – Sharp Rally into Supply Zone!

DOGE just printed a massive +6.84% breakout, surging straight into a key supply zone between 0.1835 and 0.1900, as identified by LuxAlgo's Supply & Demand.

What’s happening:

Clean break above previous resistance at 0.1700

Entering high-volume node (0.1835–0.1900), where sellers previously dominated

RSI likely overheating on lower TFs, signaling potential short-term exhaustion


Key Zones to Watch:

Resistance: 0.18465–0.1900 (major supply = likely rejection or breakout trap)

Support: 0.1700 (former resistance now flipped support)

Demand Base: 0.1557–0.1500 (ideal long reload zone if price dips)


Scenarios:

Bullish Breakout: Clear move and close above 0.1900 = fresh rally potential toward 0.21+

Rejection Play: If supply holds, expect pullback to 0.1700 or deeper into demand zone (0.1550 area)


How I'm trading it:

Watching PA at 0.1850–0.1900 closely

Entering shorts if rejection candle confirms

Long reload only at 0.1700 or 0.1550 if structure remains bullish


DOGE moves fast — are you long or waiting for a pullback?

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