【$DOGE Signal】Pullback to Long! 1H Oversold Rebound + Strong Support in the Order Book

$DOGE The 1H timeframe has entered the oversold zone, with the price receiving strong support around 0.0945. The order book shows significant buy depth, indicating a typical pullback entry point for longs. Although the 4H level is oscillating below the EMA50, open interest remains stable with no signs of panic selling, showing clear main force support. The 1H RSI has already reached 34.85, and the rebound momentum is brewing.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0950 - 0.0955 (Place orders near current price)

🛑Stop Loss: 0.0938 (Break below previous low and dense buy zones)

🚀Target 1: 0.0975 (1H EMA20 and previous minor resistance)

🚀Target 2: 0.0990 (Previous high on 4H and key resistance)

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: 4H trend has not fully turned bullish, mainly betting on 1H oversold rebound)

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0955. If the price fails to break 0.0975 and falls back, exit all positions.

Depth Logic: The order book shows a massive accumulation of buy orders below 0.0950 (total over 10 million USDT), forming a solid support wall. Open interest remains stable; the price decline has not caused a liquidation cascade, indicating it’s a shakeout rather than main force distribution. The 1H RSI shows early bullish divergence, combined with negative funding rates, suggesting potential short squeeze rebound momentum. Currently, this is a typical support level trading opportunity with a favorable risk-reward ratio.

View real-time market 👇 $DOGE

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