2026-02-24 06:55:26

Based on the 30-minute DOGEUSDT chart, the price is currently trading at 0.09121, hovering near the recent low of 0.09109. The 44-period SMA (0.09394) is acting as overhead resistance, indicating a bearish bias in the broader trend. However, the price is testing a support zone around 0.09109–0.09100, which could trigger a bounce. The LuxAlgo Smart Money Concepts indicator may be highlighting this area as a potential order block or demand zone.

Given the proximity to support, a long trade with a tight stop below the recent low offers a favorable risk-reward if the level holds. The first target is the psychological resistance at 0.09200, followed by the SMA.
Entry: 0.09121 (current market price)
Stop Loss: 0.09090 (below the recent low of 0.09109)
Take Profit: 0.09200 (round number resistance)
Risk-Reward Ratio: ~1:3.6 (risk 31 pips, reward 79 pips)

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