🚨 $DOGE at Decision Point – Breakout or Breakdown? 🚨
📊 $DOGE /USDT – Daily Chart Signal
💰 Price: $0.169
📈 24h Change: -1.8%
🔼 Resistance: $0.180
🔽 Support: $0.160
📉 Market Insight:
Dogecoin is currently trading near the support of its 50-day Simple Moving Average (SMA), which has provided some positive momentum. However, recent volatility has led to a decline of approximately 1.8% in the last 24 hours.
📌 Trade Signal:
🟢 Long Entry: Break & close above $0.180
→ 🎯 Target: $0.190 – $0.200
🔴 Short Entry: Break & close below $0.160
→ 🎯 Target: $0.150 – $0.140
⏳ Strategy: Wait for breakout confirmation before entry!
🔍 Volume: Trading volume has increased by 16% to $667.73 million in the past 24 hours, indicating heightened market activity.
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