Dogecoin 0.08 Long: Why I Took the Trade at the Range Low

I went long Dogecoin at $0.0797 on the Bybit perp this weekend. The stop sits at $0.0759, about 4.8% below entry, and my first target is around $0.087. DOGE has been grinding sideways on a shelf between $0.078 and $0.080 that held in June, again in September, and now a third time in October. That shelf is the whole trade. Honestly, I would not mind one more sweep of the low. A flush under $0.078 followed by a fast reclaim would look better than what we have now.