$DOGE Long
On the 1D and 4H charts, the asset has successfully broken the local descending structure (CHoCH formed) and shifted into an upward trend. Currently, the price has made a pullback into the point of interest (discount zone) around the ~0.0973 mark, which provides an excellent opportunity to accumulate a position. The main magnet for the price is sweeping the liquidity pool above the structural high, marked as a "Weak High", and testing the global resistance zone above.
Trade Parameters:
Direction: Long.
Entry Point : ~0.09731 (can enter at current market price).
Stop-Loss (SL): 0.09096
Take-Profit (TP): 0.11191 (main target).
Entering with strict adherence to our standard risk management. The Risk-to-Reward (R:R) ratio for this setup is excellent.
On the 1D and 4H charts, the asset has successfully broken the local descending structure (CHoCH formed) and shifted into an upward trend. Currently, the price has made a pullback into the point of interest (discount zone) around the ~0.0973 mark, which provides an excellent opportunity to accumulate a position. The main magnet for the price is sweeping the liquidity pool above the structural high, marked as a "Weak High", and testing the global resistance zone above.
Trade Parameters:
Direction: Long.
Entry Point : ~0.09731 (can enter at current market price).
Stop-Loss (SL): 0.09096
Take-Profit (TP): 0.11191 (main target).
Entering with strict adherence to our standard risk management. The Risk-to-Reward (R:R) ratio for this setup is excellent.
