DOGE/USDT – Short-Term Long Trade Signal
Current Price: $0.2020
Timeframe: 1H
Support Level: $0.1950 – $0.1980
Resistance Level: $0.2085 – $0.2120
Entry Zone: Above $0.2040 on confirmation
Trade Targets:
• TP1: $0.2085
• TP2: $0.2120 (final target)
Stop Loss: Below $0.1980
Market Outlook:
DOGE/USDT is showing early signs of a recovery after bouncing from the $0.195 support level. The price has reclaimed the 7MA and is testing the 99MA ($0.2002), indicating a possible trend reversal. Volume is increasing and short-term moving averages are converging, suggesting bullish momentum. A breakout above $0.2040 could trigger quick upside moves. Maintain caution and use a tight stop loss below the recent lows to manage risk.
