Dogecoin has just tapped a strong historical demand zone between $0.14083 – $0.18340, which previously acted as a major accumulation range back in late 2024. We're now seeing price consolidate around this zone after a sharp decline — a classic setup for a potential bullish reversal.
🔹 Key Technical Zones:
Demand Zone (Support): $0.14083 – $0.18340 🔶
Mid-Resistance: $0.30279 📈
Major Supply Zone (Resistance): $0.44346 🔵
🔍 Why This Setup Matters:
Price has respected this support multiple times
Strong rejection wicks from demand area show buyer interest
Oversold conditions could trigger a relief rally
Previous rallies from this level pushed price to $0.30+ and $0.44+
📊 Bullish Targets If Reversal Holds:
1. TP1: $0.30279 (+65%)
2. TP2: $0.44346 (+140%)
🔔 Watch For:
Bullish engulfing or strong volume breakout above $0.20
Divergence confirmation on RSI or MACD
High timeframe confirmation (daily/weekly)
💬 What do you think — will DOGE bounce from here or break lower? Drop your thoughts in the comments and don’t forget to 📌 Follow for more real-time setups!
#Dogecoin #CryptoTrading #Altcoins #TechnicalAnalysis #DOGE #TradingSetup #PriceAction #CryptoCharts #BuyTheDip
🔹 Key Technical Zones:
Demand Zone (Support): $0.14083 – $0.18340 🔶
Mid-Resistance: $0.30279 📈
Major Supply Zone (Resistance): $0.44346 🔵
🔍 Why This Setup Matters:
Price has respected this support multiple times
Strong rejection wicks from demand area show buyer interest
Oversold conditions could trigger a relief rally
Previous rallies from this level pushed price to $0.30+ and $0.44+
📊 Bullish Targets If Reversal Holds:
1. TP1: $0.30279 (+65%)
2. TP2: $0.44346 (+140%)
🔔 Watch For:
Bullish engulfing or strong volume breakout above $0.20
Divergence confirmation on RSI or MACD
High timeframe confirmation (daily/weekly)
💬 What do you think — will DOGE bounce from here or break lower? Drop your thoughts in the comments and don’t forget to 📌 Follow for more real-time setups!
#Dogecoin #CryptoTrading #Altcoins #TechnicalAnalysis #DOGE #TradingSetup #PriceAction #CryptoCharts #BuyTheDip
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.