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Trade Idea: DOGE LONG

Opened 2025-09-06 23:08:46 · Valid until 2025-09-13 23:08:46 · Closed 2025-09-08 01:18:10 · Triggered 2025-09-07 03:21:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
LONG CLOSED RR 1.50 Conf 75% Swing 3-5 days
Entry 0.21700000
Stop 0.21300000
TP 0.22500000 / 0.23000000 / 0.23500000
Live 0.19451400
ROI -10.36% (vs entry)

Thesis and checks

The current market conditions for Binance-Peg Dogecoin (DOGE) show a slight decline of 1.24% over the last 24 hours, indicating potential for a reversal. The RSI is hovering around 40, suggesting that DOGE is approaching oversold territory, which could lead to a bullish reversal. Additionally, the price is currently testing a support level around $0.213, which aligns with the lower Bollinger Band, providing a solid entry point.

  • RSI indicates oversold conditions, suggesting a potential bounce.
  • Price testing key support level, enhancing the likelihood of a reversal.

Trade ideas are educational. Manage risk and position size.