🚀 $DOGE /USDT Trading Signal – Eyeing Key Levels

Current Price: $0.38848 (-0.98%)

Dogecoin ($DOGE ) is consolidating after recovering from its 24H Low of $0.35883 and testing resistance near its 24H High of $0.40998. The price is hovering near key EMA levels, indicating potential for a breakout or retracement.

📉 Short Entry Signal:

If the price falls below $0.38500, consider shorting for potential downside.

Entry Range: $0.38300 - $0.38500

Target 1: $0.37500

Target 2: $0.36000

Stop Loss: $0.39000

📈 Long Entry Signal:

If the price breaks and sustains above $0.39500, a bullish continuation could follow.

Entry Range: $0.39500 - $0.40000

Target 1: $0.40500

Target 2: $0.42000

Stop Loss: $0.38500

🔎 Market Observations:

$DOGE is trading near its major EMAs (EMA(7): $0.38470, EMA(25): $0.38830, EMA(99): $0.38659), indicating indecision at current levels.

Resistance lies at $0.40500, while support at $0.38500 is critical for bullish sentiment to remain intact.

Volatility is expected. Use tight stop-loss orders and monitor key levels for confirmation before entering trades.

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