Technical analysis by MyTradingJournal6th about Symbol DOGE on 8/30/2025

MyTradingJournal6th

Timestamp: 30 Aug 2025 (IST) Timeframe: 4H and 1D Context: Lower highs since the mid-Aug top near 0.25. 24h range is tight. Funding mildly positive. Open interest off the peak but still firm. Levels Resistance: 0.223–0.225, 0.230, 0.250 Support: 0.210–0.212, 0.205, 0.200 Setups Breakout: 4H close above 0.225 with rising OI and volume → 0.230 then 0.250. Invalidation: 4H close back below 0.221 or OI drops / funding flips negative. Range buy: Reactive wick into 0.210–0.212 with seller exhaustion → bounce to 0.223–0.225. Invalidation: 1H close below 0.210. Breakdown: 1H/4H close below 0.210 on rising volume and net exchange inflows → 0.205 then 0.200. Invalidation: Swift reclaim of 0.210 with OI divergence against shorts. Risk Risk per trade = 1R at your invalidation. Target 1.5R–2R on momentum. Take partial profits at each level. Trail behind the last HL/LH. Avoid chasing if funding or OI spike without matching price advance.