$DOGE /USDT – Consolidation Below Resistance After Sharp Rebound
DOGE/USDT has recovered steadily from the recent dip to $0.14884, now trading at $0.15647 with a 0.44% intraday gain. The pair printed a sharp move to $0.16428 earlier before facing resistance, and now it's consolidating just below the $0.15850 zone. This area remains critical for bulls to reclaim in order to push toward higher highs.
The 1-hour chart structure is bullish with a higher low formation and strong bounce from the support zone. Volume shows accumulation in this range, and a breakout above $0.15850 could lead to renewed upward momentum targeting the $0.162–$0.166 range.
Long Trade Signal:
Entry Zone: $0.1555 – $0.1570
Target 1: $0.160
Target 2: $0.164
Final Target: $0.1675
Stop Loss: $0.151
A confirmed breakout above $0.1585 with rising volume would provide momentum for bulls. Holding above $0.153 is key to maintain the upward structure.
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