$DOGE /USDT – Building Bullish Momentum Below $0.1585 Resistance
DOGE/USDT is trading at $0.15731, up +0.60% on the day, as the price consolidates just below the key resistance level of $0.15858. The 1H chart shows bullish structure with a series of higher lows following a sharp spike to $0.16428. Buyers are gradually stepping in, suggesting momentum could shift in favor of bulls on a confirmed breakout.
The immediate resistance at $0.1585 remains a crucial trigger. A strong push above this zone can reopen the door toward $0.1620–$0.1650. Support lies at $0.1508, and maintaining above that keeps the bullish outlook intact.
Long Trade Signal:
Entry Zone: $0.1560 – $0.1580
Target 1: $0.1605
Target 2: $0.1640
Final Target: $0.1670
Stop Loss: $0.1510
Watch for bullish volume and a clean candle close above $0.1585 for momentum confirmation. A successful breakout could fuel a rapid rally.
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