$DOGE /USDT is trading at $0.2309 after a strong bounce from the $0.2196 intraday low, touching a high of $0.2338.
Price is holding above the 99-MA ($0.2260), showing bullish momentum as buyers eye the $0.2346 resistance for a breakout.
Key Levels to Watch
🔹Resistance: $0.2346 - A clear break could fuel a push toward $0.2400.
🔹Support: $0.2260 - Holding above keeps the bullish bias intact, with $0.2220 as the next safety zone.
Trade Setup
🔹Long Entry: Above $0.2315, targeting $0.2346 → $0.2400.
🔹Short Entry: Below $0.2260, expecting a dip toward $0.2220 → $0.2190.
🔹Stop-Loss: Adjust to $0.2290 for longs and $0.2275 for shorts.
Quick Tips
🔹Breakout Confirmation - Sustained move above $0.2346 signals further upside.
🔹Volume Support - Rising buy volume could accelerate gains.