$DOGE E /USDT – Bullish Momentum Building, Testing Recent Highs

$DOGE is currently trading at $0.24943, showing a positive trend and approaching its 24-hour high of $0.25341. The price action suggests increasing buying pressure and a potential breakout attempt.

Trade Setup (Watching for Breakout):

Potential Support Zone: $0.24500 - $0.24700

Key Resistance: $0.25300 - $0.25500

Bullish Scenario:

Entry (Long): Break above $0.25500 with significant volume

Target 1: $0.26000

Target 2: $0.26500+

Stop Loss (Long): Below $0.24300

Bearish Scenario:

Entry (Short): Rejection at $0.25300 with increasing selling volume, break below $0.24500

Target 1: $0.24000

Target 2: $0.23500

Stop Loss (Short): Above $0.25700

DOGE/USDT is showing promising bullish momentum. Keep a close eye on the $0.25300 - $0.25500 resistance zone. A strong break above this level could lead to further upside. Conversely, a rejection at this point could lead to a pullback. Monitor volume for confirmation of either scenario.

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