📊 $DOGEUSDT: Catch the Meme King’s Next Move! 📈
The 5-minute $DOGEUSDT chart shows the price at 0.18109 after a 4.78% dip, but a breakout from an ascending triangle is brewing! 🚀 The price recently hit resistance at 0.18142 and is consolidating above the 0.17753 support. Moving averages (MA7: 0.17970, MA25: 0.17854) are trending upward, signaling potential bullish momentum. Volume spiked to 2.54M during the recent push, showing buyer interest. 📊
Market sentiment is neutral with a slight bullish edge—$DOGEUSDT is holding key support at 0.17753, but a break below could test 0.17169. A push above 0.18142 could spark a rally toward 0.19048! 📉
Long Futures Play: Enter a long at 0.18109 if the price breaks above 0.18142 with volume. Target 0.19048 for profit-taking, with a stop-loss at 0.17753 to manage risk. Leverage at 3-5x, keeping position size at 1-2% of your portfolio. ✅
Short Futures Play: If the price drops below 0.17753, enter a short at 0.17753, targeting 0.17169. Set a stop-loss at 0.18142, using 3-5x leverage and the same position sizing. 📉
🚨 Not financial advice. Always do your own research. #DOGE