$DOGE COIN / TETHERUS - BULLISH OUTLOOK šŸš€

Immediate Resistance: Resistance lies around $0.20500 - $0.20600, with a stronger zone near $0.20872 - $0.21000. A break above these could confirm bullish momentum.

Immediate Support: Strong support is at $0.20000, with a more significant support zone around $0.19000.

Trade Setup (LONG):

Given the bounce from the lower trendline of the green ascending channel and current consolidation above $0.20000, a bullish setup may be forming.

Entry: Watch for a clean break and hold above $0.20300, or look for a bullish rejection after a retest of $0.20000.

Targets (TP):

TP1: $0.20872

TP2: $0.21000

Stop Loss (SL): A good level for a stop loss is around $0.19930, just below the immediate support zone.

Risk Management:

Use appropriate position sizing based on your capital. Risk no more than 1-2% of your account per trade. Monitor broader crypto market sentiment and news for volatility triggers. šŸ“ŠšŸ“ˆ

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