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Trade Idea: DOGE LONG

Opened 2026-03-07 19:25:52 · Valid until 2026-03-08 19:25:52 · Triggered 2026-03-07 20:38:02
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 LIVE RR 1.80 Conf 75% Scalp hours
Entry
0.08990000
Stop
0.08850000
Targets
0.09100000 / 0.09200000 / 0.09300000
Live price
0.08980700
Live ROI
-0.10% vs entry
Idea ID
#8843
Now Entry Stop TP
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Thesis and checks

Analyzing DOGE on multiple timeframes reveals a short-term bullish opportunity suitable for a scalp trade.

  • 5m chart: Price shows a bullish engulfing candle near a support zone at $0.0895, indicating potential immediate bounce.
  • 15m chart: RSI is recovering from oversold levels, suggesting momentum shift to the upside.
  • 1h chart: Price is testing a key support level around $0.0890 with a bullish divergence on MACD, reinforcing the likelihood of a rebound.
  • Risk-reward ratio is favorable at 1.8 with tight stop loss below recent support, allowing for quick profit taking within hours.

Trade ideas are educational. Manage risk and position size.