Analysis Report: $BNB DOGE/USDT

Based on the 1-hour chart, here's a detailed analysis with trading setups, targets, and stop-loss levels for long and short trades.

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Market Overview

📊 Current Price: $0.35873

📈 24H High: $0.36200

📉 24H Low: $0.34143

The price has shown a recovery after a pullback, approaching resistance levels.

Momentum is slightly bullish, but caution is needed near key levels.

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Long Trade Setup

Entry: Above $0.3600 (breakout confirmation).

Targets:

1️⃣ Target 1: $0.3650

2️⃣ Target 2: $0.3700

3️⃣ Target 3: $0.3750

Stop-Loss: Below $0.3540 (to minimize risk).

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Short Trade Setup

Entry: Below $0.3550 (breakdown confirmation).

Targets:

1️⃣ Target 1: $0.3500

2️⃣ Target 2: $0.3450

3️⃣ Target 3: $0.3415

Stop-Loss: Above $0.3610 (to avoid losses in case of reversal).

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Key Levels to Watch

🔹 Resistance Levels:

$0.3600

$0.3700

🔹 Support Levels:

$0.3550

$0.3415

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Trade Suggestions

For long trades, wait for confirmation of a breakout above $0.3600.

For short trades, confirm a rejection or breakdown below $0.3550.

Stick to stop-loss levels to manage risks effectively.

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Trade wisely and monitor volume and momentum for confirmation! If you’d like a graphical chart or customized visuals, let me know!#ETHProspects #AnimecoinOnBinance #USRateCutExpected