$DOGE /USDT BULLISH MOVE BREWING: POTENTIAL LONG SETUP
Dogecoin is currently trading at $0.16872, showing slight consolidation after a minor pullback. With solid buying volume and holding above key support, DOGE may be preparing for a bullish breakout toward the next resistance levels.
🔍 KEY LEVELS:
Current Price: $0.16872
Support Zones: $0.16600 / $0.16500
Resistance Zones: $0.17170 (24h High) / $0.17500 / $0.18000
📈 TRADE SETUP – LONG POSITION:
Entry Zone: $0.16800 – $0.16900
Target 1 (T1): $0.17170
Target 2 (T2): $0.17500
Target 3 (T3): $0.18000
Stop Loss: $0.16480 (below strong support)
⚠️ RISK MANAGEMENT:
Stick to a maximum 3% portfolio risk. Avoid overleveraging and trail stop once T1 is hit to lock profits.
📊 SUMMARY:
DOGE is showing signs of bullish strength, supported by high trading volume and solid support at $0.165. A break above $0.17170 could trigger momentum toward $0.18000. Patience on entry and discipline in risk is key.
🚀 Bullish Bias Active While Above $0.165 Support
Trade smart. Trade with a plan!
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