Spot: $DOGE/USDT

Entry price: 0.13671–0.14288
Target Price:

- TP1: 0.14717
- TP2: 0.15246
- TP3: 0.15800
Stop loss price: below 0.13293

Reason for Purchase:

1. Shape Confirmation:
- The daily level has formed a "double bottom" reversal structure (neckline at 0.14717), with a bottom depth of 0.0142 (0.13293-0.14715)
- Measure of increase = Bottom depth × 1.618 = 0.0230 → Target price 3 = 0.13293 + 0.0230 = 0.15593 (actual rounded to whole number 0.15800)
2. Trend Structure:
- The weekly level breaks through the descending trend line of 2024 (from 0.15800 to 0.15246), with the price standing above MA(50) 0.1398.
- RSI(14)=58 (neutral to bullish), MACD red bars expanding indicate strengthening bullish momentum.
3. Breakthrough Potential:
- After breaking through 0.14717 upwards, it opens up the upward space of 0.15800+
- If a valid breakout occurs, it may trigger the liquidation of 2.0x leveraged contracts.
4. Indicator Verification:
- The OBV indicator has reached a new 20-day high, indicating capital inflow.
- Funding rate +0.125% (positive for 8 consecutive days), futures open interest exceeds 1.2 billion USD
- On-chain data: Exchange net flow - 12 billion coins, whale holdings increased by 35%

Key Observation:

1. Support overlap: The stop loss level of 0.13293 corresponds to the 2024 low and the Fibonacci 61.8% retracement level.
2. Fibonacci Structure: The current price 0.13671–0.14288 is at the Fibonacci 38.2% retracement level of the upward segment from 0.13293 to 0.14717.
3. Moving Average System: MA(200) 0.1385 coincides with the lower edge of the entry range, forming strong support.

This content is for reference only and does not constitute investment advice.