DOGEUSD Nearing Bounce Territory – Is a Reversal Brewing?

DOGEUSD is hugging a critical demand zone (marked in orange) at $0.18606, where historical buyers previously stepped in. Could this be the calm before a bullish storm?

🔎 Technical Breakdown – DOGE/USD (15m Chart):

🟤 Demand Zone: $0.185 – $0.190

🛡️ Support: $0.18606

🚨 Price is consolidating tightly – a breakout could be imminent


📉 The recent downtrend may be losing steam as price approaches exhaustion at a key structure. Smart money could soon enter.

📈 Targets to Watch If Bulls Step In:

🎯 TP1: $0.20789

🎯 TP2: $0.22968 (major supply zone – take caution)


💡 Potential Trade Setup:

> ✅ Long: On confirmation of bullish candle or volume surge
❌ SL: Below $0.183
🎯 TP1/TP2 as above



📊 Using LuxAlgo’s Supply & Demand zones, DOGE shows strong potential for a quick scalp or swing if this level holds.

🚀 Low risk. High potential reward.

👉 Are you buying this dip or sitting out? Drop your analysis below! ⬇️

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