$DOGE Are you ready to break through or fall into another trap?
The Dogecoin stock is trading around the level of 0.16456 USD, trying to surpass the daily consolidation zone.
The bulls are showing strength, but the resistance is strong, and there may be a sharp move on the horizon.
Key levels to watch
• Resistance: 0.1650 USD
- A break above this level could push Doge towards 0.1662 USD and 0.1675 USD.
• Support: 0.1635 USD
- A loss of this level could see Doge retreat to 0.1625 USD and 0.1610 USD.
Trading setup - Narrow range, strong reaction coming
• Bullish entry: Break above 0.1650 USD
• Target 1: 0.1662 USD
• Target 2: 0.1675 USD
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• Bearish entry: Drop below 0.1635 USD
• Target 1: 0.1625 USD
• Target 2: 0.1610 USD
Trading volume is increasing - the next move may determine the short-term direction. Be prepared.