Dogecoin could have another rally (4H)

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The chart shows a clear bullish Change of Character (CHoCH), formed by strong and aggressive buying pressure. This shift in market structure suggests that buyers are currently in control and that bullish momentum is building.

At the moment, price is holding and trading around an important key level, an area that has historically acted as a major decision zone. The ability of price to remain supported here strengthens the bullish outlook.

Above the current price action, a large liquidity pool has formed near the highs. This liquidity remains untapped and may be taken soon, which often acts as fuel for continuation toward higher levels rather than a reversal.

Two potential entry zones have been clearly marked on the chart. Instead of entering all at once, it is recommended to scale into positions using a DCA (Dollar-Cost Averaging) approach, allowing for better risk control during pullbacks.

All targets are marked on the chart.
Once price reaches the first target, it is advised to secure partial profits and then move the stop loss to break-even, ensuring a risk-free trade while allowing the remaining position to aim for higher targets.

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After touching the first entry, the price pumped 10% and the first target was hit
snapshot

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