DOG/EUSDT – 4H – BUY

DOG/EUSDT has fired a confluence of bullish signals on the 4H chart, including a Trendline Break Up, Double Bottom, and Fibonacci Break DownTrend (0%). These patterns indicate a reversal from the prior downtrend, with the breakout of the trendline and the completion of the Double Bottom suggesting a shift in momentum. The BOP Zero Cross Up and STOCHF KD Cross Up confirm increasing buying pressure and bullish momentum, while the WILLR OB Entry and MAMA PRICE Retreat Up reinforce the strength of the move. The Fibonacci Break DownTrend (0%) marks the point where the downtrend has been fully retraced, aligning with the breakout levels.

Across timeframes, the trend is predominantly bullish from 15m to 12H, with solid trends on the 1H and 2H charts, supporting the 4H signal. However, the daily timeframe remains bearish, indicating that this is still a counter-trend move within a larger downtrend. The nearest resistance at 0.07390 is a critical level to watch, as a break above could signal further upside, while support at 0.06820 serves as the invalidation level. The high probability (88%) and very strong strength suggest a robust setup, but traders should monitor the daily trend for potential resistance.