Total Quality
Score
If You Had Traded on This Analysis…
Correct

DOGEUSDT
Long Entry
0.2421
2025-09-08
23:29 UTC
Target
0.2772
In 4 Days
Fail
0.2160
Risk/Reward
1 : 1
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Final PnL
14.50%
P/L: —
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The analysis discusses DogeCoin's recent breakout from a wedge pattern. It suggests a potential low is in place since early September. It posits that the current move is an ABC structure forming wave A of a larger wave 3, targeting an area between 0.2772 and 0.334. The strategy involves watching for a B wave pullback after reaching the target area to add support. The analysis underscores the importance of holding the 0.216 level (61.8% retracement) to maintain upside momentum. Key resistance levels are noted at 0.243 (previous swing high). The analysis warns that failing to rally and falling into support could hinder the establishment of a higher low relative to August's low.