$DOGE
The currency is currently at the bottom and appears in the list of the best currencies on Binance, still valid for entry.
📈 Entry Setup – Price Suggestion
• It is preferable to enter at the price of breaking strong resistance or when correcting to good support.
• Example: If the current price is around $0.22–$0.24
◦ Enter at approximately $0.245 as a breakout.
🎯 Potential Targets
Here are some potential targets, considering that reaching them depends on the strength of the overall market momentum:
• First target: $0.35 – $0.38
• Second target: $0.45
• Largest target (in a strong scenario): $0.55 – $0.60
◦ According to technical analysis from Cointelegraph, there is a prediction for DOGE to rise to $0.60 if a strong breakout of the triangular pattern occurs.
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• In the longer term, some predictions indicate the possibility of reaching higher levels (but with significant risk).
⛔ Stop Loss
To protect capital:
• For example: If you enter at $0.24, the stop loss could be at $0.2 or $0.19.
• In case of a sharp breach of the main support, the stop is activated to avoid sharp drops.
⚠️ Important Alerts
• Cryptocurrencies are highly volatile, and you may lose a significant part of your capital in a short time.
• This post is not official financial or investment advice.
• It is best to diversify risks and not to risk an amount you cannot afford.