Dogecoin
Long

DOGEUSD Long Setup – Bounce from Strong Demand Zone

125
Dogecoin is currently showing signs of a potential bullish bounce off a major demand zone (green area between $0.18049 – $0.19795). This zone previously served as a launchpad for the previous rally and is structurally significant for Smart Money participants.

🔑 Key Levels:
🟩 Demand Zone (POI): $0.18049 – $0.19795

🔵 First Resistance (TP1): $0.23329

🔵 Second Resistance (TP2): $0.27070

🔴 Current Price: $0.20494

📌 Smart Money Concept (SMC) Notes:
Break of Structure (BOS): Happened after the bullish rally from this same green zone.

Return to Discount: Price has now retraced into a discount level within the original demand zone.

Liquidity Grab: Sell-side liquidity likely swept from previous lows before showing signs of bullish intent.

🛠️ Trade Plan:
Entry: Inside the green zone upon bullish confirmation

Stop Loss: Below $0.18049 (structure break)

TP1: $0.23329

TP2: $0.27070

🔮 Forecast:
If buyers step in around the demand zone, DOGEUSD may begin a bullish impulse wave, targeting the upper resistance zones and potentially forming a new higher high.

🛑 Disclaimer:
This is not financial advice. For educational purposes only. Use proper risk management.

📎 Hashtags:
#DOGEUSD #Dogecoin #CryptoAnalysis #SmartMoney #PriceAction #OrderBlock #BOS #DemandZone #FrankFx14 #TradingView

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