$DOGE DOGE/USDT: Navigating Support and Resistance Amidst Market Volatility

Current Price: $0.16293

24h Change: -4.72%

24h Low: $0.15839

24h High: $0.17177

24h Volume (USDT): 118.39M

Support Levels:

$0.16289 (Immediate Support)

$0.16200 (Strong Support Zone)

Resistance Levels:

$0.16350 (Immediate Resistance)

$0.16400 (Strong Resistance Zone)

Bullish Scenario:

Target 1: $0.16350 (Break above $0.16293)

Target 2: $0.16400 (Sustained above $0.16350)

Bearish Scenario:

Target 1: $0.16200 (Break below $0.16289)

Target 2: $0.15839 (Sustained below $0.16200)

The DOGE/USDT pair is currently trading at $0.16293, showing a 4.72% decline in the last 24 hours. The immediate support is at $0.16289, followed by a stronger support zone at $0.16200. On the upside, the immediate resistance is at $0.16350, with a stronger resistance at $0.16400. A break above $0.16350 could target $0.16400, while a break below $0.16289 could target $0.16200 and further down to $0.15839.

Traders should monitor these levels closely for potential trading opportunities.

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