#DOGE/USDT #DOGE 15m Setup: Descending Broadening Wedge & Rejection Block Test
Pattern & Zone: DOGE is currently testing a key structural area inside a Descending Broadening Wedge pattern, reacting directly off a major Rejection Block (demand zone).
Price Action: Noticeable liquidity sweep below the previous lows followed by a swift recovery, indicating strong buyer defense at support.
Trading Plan:
Entry: Looking for continuation long upon a solid breakout above the wedge resistance or a clean retest.
Risk Management: Stop loss tightly placed below the rejection block/swing low to protect capital against high volatility.
Manage your risk accordingly. Let's see how this plays out! 📉📈
Pattern & Zone: DOGE is currently testing a key structural area inside a Descending Broadening Wedge pattern, reacting directly off a major Rejection Block (demand zone).
Price Action: Noticeable liquidity sweep below the previous lows followed by a swift recovery, indicating strong buyer defense at support.
Trading Plan:
Entry: Looking for continuation long upon a solid breakout above the wedge resistance or a clean retest.
Risk Management: Stop loss tightly placed below the rejection block/swing low to protect capital against high volatility.
Manage your risk accordingly. Let's see how this plays out! 📉📈
