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

DOGEUSDT
Entry
0.2214
2025-08-19
02:07 UTC
Target
0.2850
Fail
0.2000
Risk / Reward
1 : 3
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DOGEUSDT
Pending

Body
The analysis focuses on the DOGEUSDT pair using a one-hour timeframe. The market is currently behaving well, with both support and resistance holding. The price hasn't clearly broken out to the upside yet. The analyst notes the possibility of the market needing another low or forming a more complex correction and considers an ABC structure. The C-wave down ideally should move below the low of the A-wave in this correction. The 20-cent level remains a key support level around the 78.6% Fibonacci retracement level which is being considered as the lowest support for this B wave. The analyst suggests that holding the 20-cent level is crucial for maintaining an upside scenario, with a potential move towards higher prices eventually breaking above the swing high from July, around 28.5 cents.