【$DOGE Signal】1H Breakout and Pullback Confirmation, Main Force Protecting the Market, Sniping Short-term Rebound

$DOGE The 1H timeframe is currently in the pullback confirmation stage after a key breakout. The price broke through the EMA20 (0.0930) on high volume at the 1H level and is now pulling back with decreasing volume to test the support. Although the 4H timeframe remains in a downward channel with oscillation, the latest 4H candlestick closed bullish, and buying volume has increased to 0.53, indicating bulls are attempting to rebound. Open interest remains stable, prices have slightly dipped but without panic selling, suggesting that the main force may be defending the market.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0932 - 0.0934 (Reason: 1H EMA20 support zone & concentrated buy orders on the order book )

🛑Stop Loss: 0.0926 (Reason: Break below the previous 1H low & the bottom of the 4H candlestick body )

🚀Target 1: 0.0945 (Reason: Resistance at previous high on 1H & near 4H EMA20 )

🚀Target 2: 0.0958 (Reason: 4H Fibonacci 0.382 retracement level & previous small platform )

🛡️Trade Management:

- Position Size: Light (Reason: 4H trend has not fully reversed, indicating a counter-trend rebound game )

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. The remaining position aims for Target 2. If the 1H candlestick closes below the 1H EMA50 (0.0927), exit all positions.

Deep Logic: Market depth shows a large accumulation of buy orders in the 0.0932-0.0933 range, forming a short-term support wall. The 1H RSI (55.43) is in a healthy bullish zone with room to rise. Although the overall market logic suggests a price decline, open interest remains stable, and buy volume has increased in the latest 4H cycle. This is not typical of a dump but more like a washout of floating positions. Combined with positive funding rates, the risk of a short squeeze is low, favoring a bullish rebound.

Trade here 👇 $DOGE

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包