Technical analysis by axxxis666 about Symbol DOGE: Buy recommendation (5/25/2025)

Doge has formed a bearish pattern on the 1-hour timeframe, with potential targets at 0.206 and 0.196.I wouldn’t take a short entry here. Instead, I’ll wait for a bounce. Shorting now would be a counter-trade.I’ve drawn a possible bounce zone, with a good entry point around the shorters’ TP2 at 0.196.Another scenario involves a liquidity sweep before dropping to TP2, which would indicate a stronger bearish move.The last possibility is a break above the liquidity sweep area, followed by consolidation and either a new high or a bullish structure formation. In that case, we could consider buying in that zone.