Technical analysis by SineHeidari about Symbol DOGE: Buy recommendation (7/20/2025)

DOGE appears bearish long-term (Dec 2024 ATH: $0.48), but recent price action reveals bullish divergence. 🔑 Key Observations: 1️⃣ April 2025 "Weak Support" ($0.15): Low-volume consolidation → weak seller commitment. Swift breakout confirms this was a liquidity grab by bulls. 2️⃣ Bullish Momentum Acceleration: Minor resistance at $0.25 breached with 24% above-average volume (July 15). RSI rising from neutral (58) → room for upside. 3️⃣ Declining Seller Liquidity: Order book depth: Buy support at $0.23 is 3x stronger than sell pressure at $0.26. Funding rates neutral → no overheated long squeeze risk. 🎯 Forward Outlook: Short-term: Pullback to $0.27-$0.28 (liquidity sweep) likely before continuation. Targets: $0.45 (pre-2024 resistance) → $0.50 (psychological level). ❗ Risk Management: Invalidation: Daily close below $0.22. Position Entry: Limit orders near $0.28 with 2:1 R/R. 📊 Chart Annotations: Green zone: Optimal buy area ($0.27-$0.28) Red line: Key invalidation ($0.22) Blue arrow: Projected path