$DOGE Post-Breakout Pullback - Continuation or Deeper Correction?
DOGE is currently trading at $0.20009, consolidating after a recent upward move and subsequent pullback. It is now testing a crucial support level, and its next move will determine if it resumes its uptrend or experiences a deeper correction.
Key Levels to Watch:
Resistance: $0.20050 (approx.) - A confirmed move above this immediate resistance could target $0.20250.
Support: $0.19982 - Losing this critical level could send DOGE lower.
Trade Setup - Anticipate a Directional Move!
Bullish Entry: A confirmed move above $0.20050 could target:
Target 1: $0.20150 (approx.)
Target 2: $0.20250
Bearish Entry: A break below $0.19982 could target:
Target 1: $0.19900 (approx.)
Target 2: $0.19800 (approx.)
DOGE is consolidating after a rally and pullback. A rebound from $0.19982 could lead to further upside, but a breakdown below it might trigger a deeper correction.