$DOGE ๐๐๐๐
Scalp Trade Analysis (15m Chart)
Key Observations:
โข Current Price: $0.17234
โข Support: Found a bounce at $0.17167, which is close to the MA(99) at $0.17156 (potential strong support).
โข Resistance Levels:
โข $0.17298 (MA7) โ Short-term resistance.
โข $0.17310 (MA25) โ Needs to break for continuation.
โข $0.175+ โ Last peak before rejection.
โข RSI(6): 36.11 (approaching oversold, possible bounce).
Scalp Trade Setup:
โ Entry: Around $0.1723โ$0.1724 (as long as it holds above $0.1717).
๐ฏ Target: $0.1729โ$0.1731 for a quick scalp. If strong momentum, aim for $0.1745.
โ Stop Loss: Below $0.1715 (tight stop to limit risk).
Trade Verdict:
โข Possible scalp opportunity, but it depends on volume picking up and breaking MA(7) resistance.
โข If price drops below $0.1715, it could test $0.1709, so be cautious.
โข If unsure, wait for a break above $0.1729 before entering.
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