💥$DOGE /USDT Testing Support Amid 4.41 Percent Decline!🔥
🌟Current Price 0.17040 USDT (-4.41 Percent)
🌟24-Hour High 0.18063 USDT (Resistance Zone)
🌟24-Hour Low 0.16675 USDT (Key Support Level)
Volume (24H)
🌟DOGE 856.46M
🌟USDT 148.96M
⚡Moving Averages
MA 5 62,937,646
MA 10 43,621,356
Signals mixed momentum—trend shift possible
#DOGE is retesting support at 0.16675 USDT, suggesting short-term volatility.
⚡Technical Indicators:
🔸Bollinger Bands Expanding, volatility rising—watch for breakout setups.
🔸RSI Nearing oversold territory, potential for bullish reversal.
🔸MACD Mild bearish divergence—momentum weakening.
🔸Trend Analysis Candlesticks suggest buyers are stabilizing near support.
⚡Trading Setup:
🎖️Bullish Scenario
Type Oversold Rebound
👉Entry Point Above 0.17200 USDT (with strong buying volume)
👇Take-Profit Targets
🎯TP1 (1:1) 0.17550 USDT
🎯TP2 (1:2) 0.17800 USDT
💢Stop Loss Below 0.16950 USDT
🎖️Bearish Scenario
Type Continuation Trade
👉Entry Point Below 0.16950 USDT (with rejection at resistance)
👇Take-Profit Targets
🎯TP1 (1:1) 0.16700 USDT
🎯TP2 (1:2) 0.16450 USDT
💢Stop Loss Above 0.17200 USDT
⚡Risk Management Strategy:
For Bullish Setup, move Stop Loss to Breakeven after TP1 and book 50 Percent partial profits
For Bearish Setup, move Stop Loss to Entry after TP1 is hit
⚡Key Observations:
Use volume confirmation to validate breakout or pullback trades.
Watch the 0.16675 USDT support zone—a break could signal more downside.
Stick to disciplined trade management in current volatile market conditions.
Buy Or Trade With Me On $DOGE