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$DOGE /USDT Analysis – Testing Critical Levels



$DOGE /USDT is trading at $0.41602, up by 10.42% in the last 24 hours. The price is nearing a pivotal zone that could dictate its next move.

Key Levels to Watch

Support Levels:

$0.41000: Immediate support to monitor for any pullbacks.

$0.40350: A critical lower support level to hold bullish momentum.

Resistance Levels:

$0.42215: Current high; breaking this could trigger further upside.

$0.43000: A strong resistance where profit-taking might occur.

🎯 Trading Strategies

Bullish Setup:

Entry: Above $0.42215 with confirmed breakout.

Targets: $0.42500 and $0.43000.

Stop-loss: Below $0.41000.

Bearish Setup:

Entry: If the price fails to break $0.42215 and retraces.

Targets: $0.41000 and $0.40350.

Stop-loss: Above $0.42500.

🔥 Market Insights

The RSI at 65.05 suggests upward momentum but nearing overbought territory, signaling potential consolidation or a minor pullback. The Wm%R at -29.65 shows moderate bullish sentiment.

A breakout above $0.42215 may lead DOGE to new highs, while failure to sustain could prompt a retest of lower supports. Keep an eye on volume for confirmation of the next move.

#TrumpCountDown #LTCETF