$1MBABYDOGE is currently positioned in a ranging market structure.
The price is at 0.0010495 USDT, just below the resistance level of 0.0010631 USDT.
A breakout above this resistance could signal bullish momentum, offering potential gains.
Conversely, a drop below the support level of 0.000973 USDT would suggest a bearish shift.
Traders may consider a breakout strategy, but must remain cautious of Bitcoin's volatility.
Macroeconomic events could also impact overall market sentiment, posing additional risk.
