BlockchainBaller
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Bearish
ARE YOU READY GUY'S ❗Who else is holding #Doge🚀🚀🚀 with me❓How soon can $DOGE achieve $1, or is it still a long way to go❓Is #DOGE ’s current price action signaling a run toward the $1 milestone❓Will rising adoption and market momentum push #DOGE toward $1❓ $DOGE /USDT: Struggling Near Critical Support...... $DOGE is trading at $0.24736, with a 3.50% drop over the past 24 hours. The price tested $0.24274 as intraday support but shows limited momentum for a recovery.
Key Levels to Watch
Resistance: $0.2530 – A breakout above this level could push the price toward $0.2585 and $0.2650.
Support: $0.2427 – A breakdown here may result in further losses toward $0.2350 or lower.
Trade Setup
1. Long Entry: Above $0.2530, targeting $0.2585 and $0.2650, with a stop loss at $0.2470.
2. Short Entry: Below $0.2427, targeting $0.2350 and $0.2300, with a stop loss at $0.2455.
Market Insight
The MACD indicates a bearish momentum, while the SAR highlights consistent selling pressure. Bulls need to defend the support zone to avoid a deeper correction. Keep an eye on volume changes for clues to a potential reversal.
#CryptoSignals
Key Levels to Watch
Resistance: $0.2530 – A breakout above this level could push the price toward $0.2585 and $0.2650.
Support: $0.2427 – A breakdown here may result in further losses toward $0.2350 or lower.
Trade Setup
1. Long Entry: Above $0.2530, targeting $0.2585 and $0.2650, with a stop loss at $0.2470.
2. Short Entry: Below $0.2427, targeting $0.2350 and $0.2300, with a stop loss at $0.2455.
Market Insight
The MACD indicates a bearish momentum, while the SAR highlights consistent selling pressure. Bulls need to defend the support zone to avoid a deeper correction. Keep an eye on volume changes for clues to a potential reversal.
#CryptoSignals
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