Coin name: Doge
Long
Price: .16264
(Enter on entry price)
Doge has successfully broken above the trendline resistance and is now holding that level as support. This price action indicates strength, and I remain bullish on Dogecoin. A long position can be considered here, but ensure you apply proper risk management.
Bitcoin is showing bullish momentum on the 1-hour timeframe, which suggests that altcoins may follow its upward movement. This could be a good opportunity to open positions, but stay cautious and manage your risk wisely.
On the 4-hour timeframe, the total market cap is forming a bullish inverse head and shoulders pattern. This setup typically signals an upward breakout, so we may see a short-term rally across the market.
5x leverage isolated
Sl: .15800
Target:
1) .16300
2).16400
3).16500
4).16600
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