DOGE has been in a long-term corrective phase since printing the 2024 high at 0.48493, as shown on the 2D chart. We are currently compressing right above a major liquidity pool, and a high-probability setup is shaping up.
The Immediate Play:
I am patiently waiting to see the price reaction at the Range Low ($0.08794). The goal here is to accumulate a spot position, but I am not blindly bidding. I want to see a clean liquidity sweep of this level first to flush out late breakout shorts and retail stops.
Trigger: Sweep of 0.08794 followed by a lower-timeframe reclaim and bullish momentum.
Invalidation: A daily close under the 10/10 low (the 0.08811–0.08564 cluster). If the daily candle closes below this zone, the structure breaks and the setup is invalidated.
The Macro Plan B:
If the 10/10 low fails to hold and we get an HTF market structure shift to the downside, the next major area of interest where I will look to heavily buy spot is the macro '22-23 HTF SUPPORT down at the $0.05 psychological level.
Let me know your thoughts in the comments below. Are you bidding this range low or waiting for lower?
The Immediate Play:
I am patiently waiting to see the price reaction at the Range Low ($0.08794). The goal here is to accumulate a spot position, but I am not blindly bidding. I want to see a clean liquidity sweep of this level first to flush out late breakout shorts and retail stops.
Trigger: Sweep of 0.08794 followed by a lower-timeframe reclaim and bullish momentum.
Invalidation: A daily close under the 10/10 low (the 0.08811–0.08564 cluster). If the daily candle closes below this zone, the structure breaks and the setup is invalidated.
The Macro Plan B:
If the 10/10 low fails to hold and we get an HTF market structure shift to the downside, the next major area of interest where I will look to heavily buy spot is the macro '22-23 HTF SUPPORT down at the $0.05 psychological level.
Let me know your thoughts in the comments below. Are you bidding this range low or waiting for lower?
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.