$DOGE /USDT Analysis: Explosive Moves Coming! 🔥💯
$DOGE is currently trading at $0.45152, showing a solid gain of +3.65% in the last 24 hours. The chart is indicating increasing momentum as DOGE approaches a key resistance area, suggesting a breakout or correction could occur.
Key Levels to Watch
• Resistance: $0.4540 – A break above this level could trigger a rally towards the next targets.
• Support: $0.4450 – Holding above this level is crucial to maintain the bullish momentum.
Trading Setup
Long Trade
• Entry: $0.4520
• Targets:
• TP1: $0.4575
• TP2: $0.4620
• TP3: $0.4675
• Stop Loss: $0.4440
Short Trade
• Entry: Below $0.4450
• Targets:
• TP1: $0.4400
• TP2: $0.4350
• TP3: $0.4300
• Stop Loss: $0.4540
Analysis
The chart highlights increasing bullish activity, but rejection at the resistance area could lead to a pullback. Watch the support area at $0.4450 closely, as a break below it could invite more selling pressure!!
DOGE
0.45292