$1MBABYDOGE is part of the Baby Doge Coin ecosystem, which is based on Dogecoin.
Baby Doge Coin (BABYDOGE) is a meme cryptocurrency that launched with the goal of accelerating crypto adoption and supporting charitable causes, specifically for dogs. It operates on the Binance Smart Chain (BSC) and has a deflationary model, where a 10% fee is applied to transactions, with 5% redistributed to holders and 5% allocated to liquidity.
BABYDOGE has a vast supply of 420 quadrillion tokens and has gained popularity due to its association with $DOGE . Its market cap is over $246 million, and it has seen significant price movements recently, with a rise of over 50% in just one day. Its highest recorded price was $0.00000002.
$BTC Entry Point: | Entry | $72,330 | DCA | $71,200 > Place 40% at Entry and 60% at DCA.
Stop Loss: | Close on 1H below | $70,400
Target: | Final Target | $80,000
Reasoning The setup ishigh risk, with a 55-45 probability.
1. We’re looking to catch an entry during further volatility at the 127% level. 2. The rejection around $75K was based on the same $67K fractal. 3. If this setup fails, then price may bounce around $69.5K again. - However, if successful, we could see another leg towards $80K at the 270% level in line with the fractal’s upper targets.
> *Monitor closely; this setup is high risk, you can also wait for a better entry around $69.5K.
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Notes: I would advice you to take this on spot. Can also be taken with leverage Reasoning: We have few pretty nice confluences. golden pocket from the whole retracement, weekly trendline breakout and retest, daily bullish divergence, lets get it!!