DOGE/USD has rebounded from a clearly defined demand zone around $0.18049 – $0.19795, showing signs of strength after forming a higher low. This zone has acted as a historical buy area and is reinforced by strong volume activity.
🔹 Key Levels:
🟠 Demand Zone: $0.18049 – $0.19795 (Confirmed accumulation zone)
🔵 Immediate Resistance: $0.23128
🔵 Major Supply Zone: $0.27346 – $0.28000 (Strong rejection area in past structure)
🟢 Bullish Scenario:
If the current bullish momentum holds:
Target 1: $0.23128 – First structural resistance
Target 2: $0.27346 – Previous high and major supply zone
Green arrows indicate the potential upward move if buyers sustain pressure.
📌 Trade Idea:
Buy Setup
Entry: $0.19800 – $0.20600 (current area)
SL: Below $0.19400 (below demand zone)
TP1: $0.23128
TP2: $0.27346
⚠️ Caution:
If price closes below $0.19400, bullish setup becomes invalid.
Wait for strong bullish confirmation before entry (e.g., bullish engulfing, higher low, or break above $0.21000).
🔁 Follow for more DOGEUSD and altcoin demand zone plays.
📊 #DOGEUSD #Dogecoin #Altcoins #CryptoTrading #DemandZone #PriceAction #TradingView
🔹 Key Levels:
🟠 Demand Zone: $0.18049 – $0.19795 (Confirmed accumulation zone)
🔵 Immediate Resistance: $0.23128
🔵 Major Supply Zone: $0.27346 – $0.28000 (Strong rejection area in past structure)
🟢 Bullish Scenario:
If the current bullish momentum holds:
Target 1: $0.23128 – First structural resistance
Target 2: $0.27346 – Previous high and major supply zone
Green arrows indicate the potential upward move if buyers sustain pressure.
📌 Trade Idea:
Buy Setup
Entry: $0.19800 – $0.20600 (current area)
SL: Below $0.19400 (below demand zone)
TP1: $0.23128
TP2: $0.27346
⚠️ Caution:
If price closes below $0.19400, bullish setup becomes invalid.
Wait for strong bullish confirmation before entry (e.g., bullish engulfing, higher low, or break above $0.21000).
🔁 Follow for more DOGEUSD and altcoin demand zone plays.
📊 #DOGEUSD #Dogecoin #Altcoins #CryptoTrading #DemandZone #PriceAction #TradingView
Trade active
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✅ AUTOMATED BOT: bot.frankfxx.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.