$DOGE 🔥
DOGE is holding nicely after a fresh higher low.
Direction: Bullish
Enter Here: 0.09553
SL: 0.09125
Target 1: 0.10409
The chart shows a bullish trend with price currently in the discount zone of the dealing range, favoring longs. A bullish change of character occurred just seven candles ago, breaking above the 0.09516 level, which has since been swept and now acts as a liquidity pool. Price has also taken a minor inducement pullback, which can trap late sellers before a continuation. The nearest open buy-side liquidity sits at the recent swing high of 0.09749, but the more significant target is the range high at 0.1044, which aligns with the major swing high from 43 candles ago. The stop is placed below the key equal lows and bullish order block zone around 0.09125, protecting against a failure of the recent higher low structure.
Keep the stop below that recent low and let the trend work.
#CryptoFamily #Trading #DOGE
DOGE is holding nicely after a fresh higher low.
Direction: Bullish
Enter Here: 0.09553
SL: 0.09125
Target 1: 0.10409
The chart shows a bullish trend with price currently in the discount zone of the dealing range, favoring longs. A bullish change of character occurred just seven candles ago, breaking above the 0.09516 level, which has since been swept and now acts as a liquidity pool. Price has also taken a minor inducement pullback, which can trap late sellers before a continuation. The nearest open buy-side liquidity sits at the recent swing high of 0.09749, but the more significant target is the range high at 0.1044, which aligns with the major swing high from 43 candles ago. The stop is placed below the key equal lows and bullish order block zone around 0.09125, protecting against a failure of the recent higher low structure.
Keep the stop below that recent low and let the trend work.
#CryptoFamily #Trading #DOGE