Technical analysis by PraveenTrader1 about Symbol DOGE: Buy recommendation (7/12/2025)

PraveenTrader1

🚀 DOGEUSDT Long Opportunity | Bullish Order Block + Trendline Confluence DOGEUSDT is showing signs of a potential bullish reversal from a Bullish Order Block on the 15-minute timeframe. Price has respected the ascending trendline while forming a corrective structure, and we can see clear liquidity grab wicks into the order block zone. 🧠 Smart Money Insight: The price dipped into the Bullish OB where institutions likely accumulated long positions. With the trendline intact and structure holding, we expect price to push up, targeting liquidity above recent highs. 🔹 Entry: ~0.20050 (Within OB zone) 🔹 Stop Loss: 0.19772 (Below OB invalidation + liquidity sweep) 🔹 Take Profit: 0.20607 (Above recent swing high) 🔹 Risk:Reward Ratio: 1:2 ✅ 📌 Confluences: Bullish Order Block Trendline support Break of market structure to the upside Clear corrective wave into OB (possible Wyckoff accumulation behavior) 🎯 If price maintains above the OB and breaks structure, this could lead to a bullish impulsive wave.