【$DOGE Signal】1H Breakout and Pullback Confirmation, Main Force Supports 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 the 1H chart with increased volume, and is now pulling back with decreasing volume to test the support. Although the 4H chart remains in a downward channel with oscillation, the latest 4H candlestick closed bullish, and buying pressure has increased to 0.53, indicating that the bulls are attempting to rebound. Open interest remains stable, the price has slightly dipped but without panic selling, suggesting that the main force may be supporting 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 1H previous low & the bottom of the 4H candlestick body )

🚀Target 1: 0.0945 (Reason: 1H resistance at previous high & 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. Hold the remaining position to aim 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 pressure has increased in the latest 4H cycle. This is not typical of a dump; it resembles a washout of weak hands. Combined with positive funding rates, the risk of a short squeeze is low, favoring a bullish rebound.

Trade here 👇 $DOGE

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