$DOGE Momentum Shift: Bullish Reversal Emerges After Controlled Pullback
Dogecoin ($DOGE) is showing a fresh wave of bullish momentum as buyers step back into the market following a clean and controlled pullback. After briefly dipping to the 0.1485 zone, the price immediately rebounded, forming a strong bullish candle on the 15-minute timeframeāa key signal that buying pressure is returning. With sentiment improving and short-term structure turning upward, now presents a well-defined trading opportunity for momentum traders.
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š„ Bullish Trading Setup: Entry, Targets, and Risk
The current price action has created a solid intraday setup supported by structure, volume, and momentum:
Entry Zone: 0.1495 ā 0.1503
Targets: 0.1510 and 0.1530
*Stop-Loss (SL): 0.1482
This setup offers a favorable risk-to-reward ratio, with downside risk tightly defined beneath the reaction low and upside potential aligned with previous liquidity pockets. The first target at 0.1510 aligns with minor intraday resistance, while the second target at 0.1530 sits just below the recent peak at 0.1534, making both levels realistic and technically sound.
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š Momentum Shifts in Favor of Buyers
The key element driving this setup is the bullish candle formation after the retracement. Such candles often indicate aggressive re-entry from buyers after absorbing sell-side liquidity. The controlled nature of the pullbackāwithout panic sellingāsupports the idea that the market remains structurally bullish despite minor dips.
Momentum indicators on lower timeframes show strengthening bullish pressure, and as long as price holds above 0.1482, bullish sentiment is likely to continue driving the market upward.
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š¹ Market Notes: What Comes Next for DOGE
Dogecoinās ability to hold above the 0.1485 reaction point will be critical in determining whether this uptrend continues. If buyers maintain control, DOGE is positioned to retest the intraday high near 0.1534, where the next cluster of liquidity is located. A clean break above that level could spark
