šØ Signal Alert ā $DOGE /USDT (4H Chart)
š» Current Price: $0.1778
š 24h Change: -6.12%
š 24h Range: $0.1698 ā $0.1921
š Technical Overview:
Trend: Bearish, with price below key moving averages (MA7 & MA25).
Resistance Levels: $0.1900 ā $0.1925
Support Levels: $0.1700 ā $0.1680(coinmarketcap.com, bitcoinist.com)
Dogecoin has experienced a sharp decline, dropping over 6% in the past 24 hours. The price is currently testing the $0.1700 support zone. A break below this level could lead to further downside towards $0.1600.
š Trade Setup:
Entry Zone: $0.1700 ā $0.1750
Take Profit Targets:
TP1: $0.1850
TP2: $0.1900
Stop Loss: $0.1680(tradingview.com, en.wikipedia.org)
ā ļø Note: This setup is suitable for short-term traders looking to capitalize on a potential bounce from the support zone. Ensure proper risk management and wait for confirmation before entering the trade.
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