🚀 🔥$DOGE /USDC Breakout Watch – Targets & Strategy 🐕💰🔥
$DOGE / is showing signs of strength after bouncing from the $0.161 support zone. With volume picking up and a bullish engulfing candle on the 1D chart, momentum may be shifting. Let’s break it down:
📊 Current Price: $0.218
📈 Trend: Recovering from recent dip, eyeing resistance levels
🔍 Key Levels to Watch:
- Support: $0.161 (recent low)
- Resistance: $0.287 (local high)
🎯1. Target 1: $0.238 – reclaiming structure, short-term scalp zone
🎯2. Target 2: $0.267 – mid-range resistance, volume confirmation needed
🎯3. Target 3: $0.287 – breakout level, potential for momentum surge
🛡️ Risk Management:
- SL below $0.205 to protect against fakeouts
- Position sizing based on volatility and account size
- Avoid chasing pumps—wait for candle close confirmation
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