Based on the chart provided for the $DOGE /USDT pair:🔥🔥

1. Current Price Action: The price is trading at $0.38762 after experiencing a sharp decline, showing a bearish momentum with a 7.01% drop for the day.

2. Trend Overview: On the 4-hour chart, the price broke below its recent support levels near $0.40, signaling weakness. The current movement shows a possible recovery attempt, but the bearish pressure remains dominant.

3. Long Entry: If the price stabilizes above $0.39 with strong buying volume, consider entering long.

Stop Loss: $0.365

Target: $0.415 (previous resistance level).

4. Short Entry: If the price rejects $0.39 or breaks below $0.365, consider entering short.

Stop Loss: $0.395

Target: $0.34 (next major support zone).

5. Indicators: Use RSI or MACD to confirm oversold or overbought conditions before entry. The trend is bearish, but any bullish reversal could present an opportunity.

6. Risk Management: Trade cautiously, as volatility is high, and always adhere to stop-loss levels to minimize losses.

Evaluate your entry and exit points based on confirmation from volume and momentum indicators to reduce risks.

#DogeStrong #doge⚡ #BinanceMEOpening #MicroStrategyAcquiresBTC #BURNGMT to