DOGE Game Plan
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
Price is retracing towards the HTF Demand zone, which I expect to act as a bounce area.
Moreover, price currently seems to be seeking liquidity to fuel its next bullish move. That liquidity could be the weekly swing low at $0.207.
📌 Game Plan
Wait for price to reach the HTF Demand zone.
Look for price to sweep liquidity and close back above the $0.207 level.
🎯 Setup Trigger
I will be waiting for a 4H market structure shift before entering the trade.
📋 Trade Management
Stoploss: Daily close below HTF support zone — $0.188
Target: $0.248
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
Price is retracing towards the HTF Demand zone, which I expect to act as a bounce area.
Moreover, price currently seems to be seeking liquidity to fuel its next bullish move. That liquidity could be the weekly swing low at $0.207.
📌 Game Plan
Wait for price to reach the HTF Demand zone.
Look for price to sweep liquidity and close back above the $0.207 level.
🎯 Setup Trigger
I will be waiting for a 4H market structure shift before entering the trade.
📋 Trade Management
Stoploss: Daily close below HTF support zone — $0.188
Target: $0.248
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Trade active
Trade closed: target reached
TP hit
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.
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.