Technical analysis by petermichalides about Symbol DOGE: Buy recommendation (7/10/2025)

DOGE has broken out of local consolidation with momentum and is now retesting the breakout zone, offering a clean long entry with defined invalidation.Setup Thesis:After a strong impulse move, price pulled back with low aggression, signaling profit-taking rather than reversal. The current candle structure suggests demand is stepping in at prior resistance-turned-support. This is a textbook breakout-retest continuation setup.Trade Plan:Entry: ~$0.1810Stop Loss: Below ~$0.1764 (beneath breakout zone and structure)Target: ~$0.1940R/R: Favorable risk profile with strong reward potentialConfirmation Factors:Impulsive breakoutControlled pullback with no aggressive sellingRetest occurring at structural pivotStill aligned with broader uptrend contextExecution Note:This setup works best with strong follow-through in the next couple of candles. If price stalls or closes below the stop zone, it's invalidated.