🐕 DOGE/USDT at a crossroads: bounce or structural break?
$DOGE on the 1H timeframe approached a key moment. The price is squeezed under resistance at 0.12419 and simultaneously testing EMA99, forming a decision-making zone. The market is frozen — either a careful bounce or an increase in selling pressure.
🔎 Brief on indicators
EMA 21 / 50 / 99 (0.12507 / 0.12445 / 0.12410): tight convergence — classic sideways movement
MACD: at the zero line → lack of dominant momentum
RSI (33.07): oversold zone, potential for a bounce
Stochastic RSI < 20: signal in favor of a local recovery
📌 Trading plan
Main scenario: Long from the EMA99 zone upon confirmation of retention.
🎯 Targets:
0.12600 — +1.2%
0.12700 — +2.0%
0.12800 — +2.8%
📍 Entry points:
Conservatively: 0.12450 (reaction from EMA99)
Aggressively: upon securing above 0.12500
🛑 Stop-loss:
0.12100 — position protection upon structural break
🧠 Summary
EMA99 now — a key control level. Retention will provide a chance for a technical bounce to upper targets. A downward breakout nullifies the long scenario and requires a reassessment of the plan. We work strictly by levels and do not rush — the market will show everything itself 📊
Trading 👉$DOGE
