$DOGE /USDT Trading Signal - Bulls Eye Key Resistance!
The DOGE/USDT pair has shown strong bullish momentum, breaking out from $0.33572 and hitting a high of $0.40382. The current price is $0.37915, holding above critical support levels, suggesting potential for further upside.
Entry Range: $0.37500 - $0.38000
Target 1: $0.39200
Target 2: $0.40500
Stop Loss: $0.36500
Market Highlights:
Recent breakout from $0.33572, confirming bullish reversal.
Strong resistance observed near $0.40382; a break above may trigger extended gains.
Immediate support at $0.36228, maintaining bullish structure.
Key Levels to Watch:
Resistance: $0.40382
Support: $0.34730
Analysis: The current price action suggests buyers remain in control, but cautious entries near $0.37500 provide a better risk-reward. A breakout above $0.40382 could fuel the next leg higher.
Pro Tip: Monitor volume during the resistance test. A spike in volume could confirm a continuation of the uptrend.
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