0.34😅

$DOGE

/USDT Technical Analysis & Trade Signal:🔥💯

Current Price: $0.3657
24h Range: $0.39831 (High) - $0.35684 (Low)

Technical Indicators:

Trend: Bearish short-term momentum after a drop of 5.98% in the last 24 hours.

Support: $0.35684 (24h Low)

Resistance: $0.39831 (24h High)

Key Levels for Trade:

1. Target 1: $0.3750 (Immediate resistance level, near recent price consolidation)

2. Target 2: $0.3840 (Next key resistance, near higher depth sell order at $0.38442)

3. target 3: $0.3980 (The high of the 24h range, a potential breakout point)

Trade Momentum:

Bearish Short-Term: Since the price has moved lower, continue to watch for any pullbacks or reversals around the $0.3750 level.

Confirmation of Bullish Movement: Look for a break above $0.3750 to signal a potential rally towards $0.3840 and $0.3980.

Downside Risk: If support at $0.35684 breaks, bearish continuation could target lower levels.

Trade Signal: Consider a long entry around $0.3650 with stops placed below $0.3560 (support area), targeting $0.3750, $0.3840, and $0.3980 in incremental moves. Short positions could be considered if the price moves below $0.3560.

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