$DOGE /USDT โ CONSOLIDATING, READY FOR THE NEXT MOVE! ๐๐
DOGE is currently trading at $0.16787, up +1.55% in the last 24 hours. After finding support near $0.16517, DOGE is trying to recover, but resistance near $0.16979 remains strong.
๐ Key Levels:
Resistance: $0.16900, $0.16979
Support: $0.16700, $0.16550
๐ผ Trade Setup:
Long Entry: $0.16800 (on bullish confirmation)
Take Profit (TP): $0.16950, $0.17050
Stop Loss (SL): $0.16650
OR
Short Entry: $0.16750 (if support breaks)
Take Profit (TP): $0.16650, $0.16500
Stop Loss (SL): $0.16900
๐ Market Outlook:
DOGE is showing signs of consolidation after bouncing from the $0.165 support zone. A push above $0.169 could trigger a rally toward $0.170, but rejection may lead to further downside pressure.
โ ๏ธ Risk Management:
Manage your risk with proper stop losses and avoid overleveraging in a choppy market.
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