š $DOGE
USDT BULLISH BREAKOUT ā CHANNEL REJECTION COULD IGNITE A STRONG REVERSAL!
DOGEUSDT has broken out of the falling channel after a consistent downtrend, signalling potential reversal momentum. Current price is 0.16488, right above the breakout zone.
š Key Levels:
Support: 0.16398 ā 0.16475 (breakout retest zone)
Resistance: 0.16976 ā 0.16977 (major target zone)
šÆ Trade Setup (LONG):
Entry Zone: 0.16450 ā 0.16500
Take Profit: 0.16950 ā 0.16980
Stop Loss: 0.16348 (below recent structural low)
š Market Outlook: DOGE is showing bullish divergence alongside a falling channel breakout. If buyers hold above the breakout retest zone, a swift move towards 0.16977 is expected. Volatility remains moderate with potential volume expansion upon confirmation.
ā ļø Risk Management: Always use strict SL placement below structural lows to protect capital. Recommended risk per trade: 1-2% of your portfolio.
š Comment āšā if you caught this breakout early!
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buy and trade here on $DOGE