$DOGE /USDT Trade Signals

(Short-term intraday outlook based on the 1m & 5m charts)

Bullish Trade (Long Entry)

Entry: Above 0.17150

Target 1: 0.17220

Target 2: 0.17300

Stop Loss: 0.17050

Bearish Trade (Short Entry)

Entry: Below 0.17090

Target 1: 0.17020

Target 2: 0.16950

Stop Loss: 0.17160

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Market Analysis for DOGE/USDT

1️⃣ Price Action & Moving Averages

Price is trading around 0.1711 - 0.1713, recovering from the recent low of 0.17063.

MA(7) (Yellow Line): 0.17125, closely tracking the price, indicating possible consolidation.

MA(25) (Pink Line): 0.17186, slightly above the price, acting as a minor resistance.

MA(99) (Purple Line): 0.17004, suggesting a strong support zone around 0.1700.

➡️ If price holds above 0.1712 and crosses 0.1715, bullish momentum may continue.

⬅️ If price breaks below 0.1709, further downside movement is likely.

2️⃣ Volume & Market Sentiment

Volume spike seen near 0.1706, suggesting buyers are actively defending that level.

24h Volume: 1.91B DOGE, indicating strong trading activity.

24h High: 0.19203 → Price is significantly down from the peak, indicating a possible rebound attempt.

3️⃣ Key Support & Resistance Levels

Support: 0.1700 - 0.1706

Resistance: 0.1725 - 0.1730

4️⃣ Strategy & Conclusion

For bulls: Wait for a clean break above 0.1715 with volume confirmation for an upward move.

For bears: A drop below 0.1709 could trigger a short trade with targets around 0.1702 - 0.1695.

🚀 Momentum slightly favors bulls, but confirmation is needed for a strong breakout! Stay cautious and follow proper risk management.

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