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Technical analysis by melikatrader94 about Symbol DOGE: Buy recommendation (5/21/2025)

https://sahmeto.com/message/3538451
melikatrader94
melikatrader94
Rank: 1177
2.7
Buy،Technical،melikatrader94

hello guys!doge seems potential now!DOGECOIN has successfully broken out of a long-standing bearish trendline and is now respecting a well defined ascending channel structure.After a clean retest of both the midline and the demand block around 0.1950–0.2150, the price is showing renewed bullish pressure. As long as price holds above this key support zone, we can expect further continuation to the upside.what I see:✅ Breakout of descending trendline confirmed✅ Strong structure support from the demand block (0.1950–0.2150)✅ Clean reaction from channel midline✅ Momentum currently favors continuation of the bullish trend🎯 Bullish Targets:TP1: 0.2530 (recent swing high)TP2: 0.2750 (channel upper boundary)TP3: 0.3035 (major horizontal resistance zone)🛑 Stop-loss idea: Below 0.1950 (invalidates bullish structure)

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.38927
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