Current Price: $0.29043 (+28.07% in 24h)
DOGE has shown significant bullish momentum, breaking above recent resistance levels with strong volume. The surge suggests a potential continuation if buying pressure remains high.
Key Price Targets
1. Target 1 – $0.3200
Why It Matters: Immediate resistance near $0.3200 could confirm short-term bullish continuation if broken.
Trading Note: Watch for a solid close above $0.3200 on strong volume to validate the move.
2. Target 2 – $0.3500
Why It Matters: A historical congestion zone where traders often take profits. Breaking through could signal stronger upside potential.
Trading Note: Consider partial profit-taking or adjusting stop-losses if DOGE reaches this level quickly.
3. Target 3 – $0.4000
Why It Matters: A major psychological milestone that could attract new buyers if momentum stays robust.
Trading Note: Expect increased volatility around this round-number level; confirmation via volume and support retests is crucial.
Technical Outlook & Risk Management
Support Levels: Look for pullbacks near $0.2700 and $0.2500 as potential buying zones if the uptrend remains intact.
Volume Confirmation: Strong volume on upward moves helps validate bullish momentum.
Stop-Loss Placement: Tighten stops as DOGE approaches each target to protect gains against sudden reversals.
Trade responsibly and stay tuned
for more updates.
#Binance #DOGE #CryptoTrading