Long-term buy trading signal for pair $DOGE /USDT - Targeting $0.170

Overview of Trading Settings

The pair $DOGE is experiencing strong upward momentum after rebounding from the support area at $0.14884. The price has risen again to $0.15959 and is testing resistance levels during the day. A clear breakout above $0.16101 could reinforce the trend towards the $0.170 level or higher.

Trading Signal Details

Entry Area: from $0.15700 to $0.16100 (confirmation above $0.16101)

Target 1: $0.16550

Final Target: $0.17000

Stop Loss: $0.15250

The recent rise from the low at $0.14800 confirms a strong buying desire. Trading volume increases as the price approaches the resistance level, and the chart structure shows an upward recovery with consecutive higher lows. If the $0.16101 level turns into support, the price could rise rapidly.

Why are traders advised to take this trade?

Doge has a history of strong breakouts with increasing trading volume near key levels. The risk-to-reward model prefers entering buy trades upon confirmation. If momentum continues, the $0.170 level will be within reach.

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Buy and trade here on $DOGE