Technical analysis by Quant_Trading_Pro about Symbol DOGE: Buy recommendation (7/29/2025)

DOGE is approaching a pivotal support zone on the 4H chart — the same area that acted as the breakout base in mid-July before price surged nearly 40% higher. This horizontal level is now being tested again, offering a potential opportunity for trend continuation if bulls can defend it. The support zone also aligns with an ascending trendline that has been respected for nearly a month, creating a key confluence point. Combined with an oversold Stochastic RSI reading, the setup is beginning to show early signs of a potential reversal — but confirmation is still needed. Price structure remains technically bullish unless this area breaks. A clean bounce here could trigger a new wave toward the prior high at $0.29. On the flip side, a breakdown of this confluence zone would invalidate the current trend structure and likely target the $0.19–0.20 region. 📊 What I’m Watching For: – Bullish price action (e.g., hammer candle, engulfing) off this zone – Higher low confirmation with volume – Trendline retest and hold – Momentum alignment with RSI/Stoch flip DOGE remains one of the more technically clean charts among majors — but holding here is key. Watching closely.