Technical analysis by angela_altair about Symbol DOGE: Buy recommendation (8/11/2025)

angela_altair

#DOGE #DOGEUSD #DOGEUSDT DOGE After we closed our long trade at daily resistance DR1, the price started to pull back down as per our expectation. This pullwas was expected by us since the price had hit the daily resistance. Now the price has come to the 4h support zone 4HS1. This zone is good for the price to bounce. It is likely that the price will bounce here and resume its upward journey. Therefore, this is a long opportunity here. This time target is way beyond our last trade target. I expect that this bounce will bring the price to monthly resistance MR1. MR1 zone is around 0.30 - 0.33. This is high R:R trade since the stop loss is very limited 5% but the profit target is huge and close to 40%. Lets try this trade. We will keep monitoring the price action. If any update is required, I will keep sharing here. What do you think about this trade and the expected price action? Would love to hear your thoughts. Share your view in comments.#DOGE #DOGEUSD #DOGEUSDT DOGE Moving out of this position in profit. I think the price wants a bit downward movement before picking up the defined trajectory for the trade. This move down may go to the daily support zone between 0.20 to 0.21. I think a long from there towards the original trade target will be a high probability trade. I will update the trade idea later on based on the price action.