#AltcoinBreakout $DOGE Reclaims Support – Breakout Brewing Above $0.2400
Dogecoin is trading at $0.23947 (+13.91%), posting a strong intraday recovery after finding support near $0.238. Price action on the 15-minute chart reflects a developing bullish structure with rising volume and a favorable order book bias.
Key Technical Levels
• Resistance Zone: $0.2435 – $0.2450
A clear breakout above this zone could trigger a fast move toward $0.2500.
• Immediate Support: $0.2370
Holding this zone is critical for the bullish continuation.
Trade Setup – Breakout or Rejection
Bullish Scenario:
Entry: Break and hold above $0.2450
Target 1: $0.2500
Target 2: $0.2540
Bearish Rejection:
Entry: Drop below $0.2370
Target 1: $0.2300
Target 2: $0.2250
Short-Term Outlook:
DOGE is attempting to reclaim momentum with strong upside volume and rising bids. Watch for confirmation above resistance to catch the next leg higher or failure at resistance for potential fade setups.
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0.23197
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