Technical analysis by vs_sayin about Symbol DOGE: Buy recommendation (7/16/2025)

vs_sayin

There’s a very simple and clear chart setup on Dogecoin (DOGE) right now. We have two major horizontal key levels and a channel that is about to break down. If the price manages to close above the yellow-marked line ($0.21142), we can expect a strong rally to follow. There’s no need for complicated indicators cluttering the screen — all relevant levels are clearly marked on the chart. Two Logical Entry Approaches: 1️⃣ Breakout Entry: Enter on a confirmed breakout. (Waiting for a daily candle close on a memecoin might slightly reduce your profit range, but it’s the safer approach.) 2️⃣ Demand Zone Entry: Wait for the price to retrace to the green demand zone — though this scenario seems less likely for now. A combined approach can work best: enter on breakout, use the horizontal levels as support, and set a tight stop-loss to manage risk. Good Luck.Move your stop loss to breakeven. We are going great.