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.
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