🚨 $DOGE EXHAUSTION DETECTED: IS THE BOUNCE NEXT? 🚨
The bears pushed hard, but the hourly chart shows the flush might be over. We just tagged a 24h low of 0.08900 on massive liquidation volume, and smart money is stepping in. 🧵👇
1/ The 1-Hour chart shows a classic "stop-hunt" wick down to 0.08900. Notice how the selling volume peaked perfectly on that final red drop—that is text-book seller exhaustion.
2/ Right now, Dogecoin is carving out consecutive green candles, actively fighting to reclaim the EMA(7) at 0.09107. If this candle closes green, momentum swings.
3/ Look at the MACD below. The histogram bars are officially rounding up out of deep negative territory. The selling pressure is drying up fast.
🎯 MY TRADING PLAN:
Entry Zone: 0.09050 - 0.09120
Take Profit 1: 0.09300 (Quick relief to EMA25)
Take Profit 2: 0.09420 (Reclaiming the macro trend)
Stop Loss: 0.08850 (Invalidation below the wick)
Risk managed, eyes on the screen. Let’s see if the bulls can execute. 🎯
Disclaimer: Not financial advice. Always do your own research.
#Dogecoin #DOGE