🐕 $DOGE /USDT: Demand Zone Defense 🐾📈
Dogecoin is currently navigating a high-volatility session, recently dipping to a low of $0.121 on major exchanges (like Coinbase) following a broader market sell-off triggered by global trade and tariff headlines. However, the "dog coin" is showing classic signs of a liquidity flush, with massive volume surges signaling that buyers are stepping in to defend the critical $0.126 – $0.128 demand zone.
📊 Trade Setup (Long Continuation):
The structure remains constructive as long as DOGE holds its primary support floor. With the hourly RSI dipping into oversold territory (below 30), a relief rally toward the upper range is a high-probability move.
* Entry Zone: $0.1280 – $0.1300
* Target 1 (TP1): $0.1350 (Immediate resistance/50-day EMA)
* Target 2 (TP2): $0.1375 (Supply zone flip)
* Target 3 (TP3): $0.1420 (Recent high retest)
* Stop Loss (SL): $0.1240
💡 Why this setup is interesting:
* High Volume Flush: Spot trading volume has surged by over 220% in the last 24 hours, suggesting that the recent dip was a "shakeout" of weak-handed leverage rather than a fundamental trend reversal.
* Oversold Bounce: Technical indicators on the 1H chart are flashing "Oversold," which historically precedes short-term bounces in DOGE’s price action.
* Fundamental Floor: Despite the noise, Dogecoin continues to show strength as a lead gainer in the meme-coin sector for 2026, with analysts still eyeing a mid-term target of $0.16+ if this support holds.
Strategy: The $0.12 level is the "make-or-break" point. If $DOGE reclaims $0.1320 on the hourly close, it confirms the reversal and sets the stage for a run toward TP3. 🛡️🚀
#DOGE #Dogecoin #CryptoTrading #MemeCoins #MarketReversal
