DOGE/USDT Technical Analysis – Breakout Anticipation
DOGE/USDT Technical Analysis – Breakout Anticipation
As of the current market structure, DOGE/USDT is showing signs of a potential bullish reversal from the demand zone (support), aiming toward the projected target at 0.27253 USDT.
🔍 Chart Structure & Price Action
Support Zone (0.21873 – 0.22568): The price has previously respected this area, making it a strong demand zone where buyers stepped in.
Resistance Zone (0.27756 – 0.29000): A key supply zone where previous rallies halted. This is the ultimate test for bulls after the breakout.
Current Price (0.23743) is showing consolidation above the support, suggesting accumulation before a move.
🧠 Technical Indicators
Supertrend Indicator: Currently flipping to bullish (10,3 settings), indicating potential upside continuation.
Volume Profile (VRVP): Shows high volume nodes around the support level, confirming strong interest from institutional players or large orders.
Market Structure: A higher-low is forming, indicating early signs of a bullish market shift.
🎯 Target
The projected move towards 0.27253 USDT aligns with previous price action and supply zone interaction. A clean breakout from the current consolidation could fuel momentum toward this level.
🎓 Educational Insight
This setup reflects the principles of Smart Money Concepts (SMC):
Price tapping into demand before impulse moves.
Liquidity grab at lows.
Break of structure (BOS) to the upside could trigger continuation.
Traders can learn the value of combining structure-based trading with volume analysis to improve entry precision and confidence.
As of the current market structure, DOGE/USDT is showing signs of a potential bullish reversal from the demand zone (support), aiming toward the projected target at 0.27253 USDT.
🔍 Chart Structure & Price Action
Support Zone (0.21873 – 0.22568): The price has previously respected this area, making it a strong demand zone where buyers stepped in.
Resistance Zone (0.27756 – 0.29000): A key supply zone where previous rallies halted. This is the ultimate test for bulls after the breakout.
Current Price (0.23743) is showing consolidation above the support, suggesting accumulation before a move.
🧠 Technical Indicators
Supertrend Indicator: Currently flipping to bullish (10,3 settings), indicating potential upside continuation.
Volume Profile (VRVP): Shows high volume nodes around the support level, confirming strong interest from institutional players or large orders.
Market Structure: A higher-low is forming, indicating early signs of a bullish market shift.
🎯 Target
The projected move towards 0.27253 USDT aligns with previous price action and supply zone interaction. A clean breakout from the current consolidation could fuel momentum toward this level.
🎓 Educational Insight
This setup reflects the principles of Smart Money Concepts (SMC):
Price tapping into demand before impulse moves.
Liquidity grab at lows.
Break of structure (BOS) to the upside could trigger continuation.
Traders can learn the value of combining structure-based trading with volume analysis to improve entry precision and confidence.
Dagangan aktif
🚀 DOGE Long Position – Active Overview & Technical Breakdown ⚒️✅ Trade Status
Our DOGE long position is currently active, with price action showing signs of bullish continuation and consolidation around key levels.
Dagangan ditutup: hentian tercapai
Momentum has faded and the market has entered a clear side‑wave mode—making it prudent to close your DOGE position:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.