$DOGE /USDT Analysis (4H Chart)
The price is currently trading at $0.41666, showing rejection near the $0.48 resistance. A potential Head & Shoulders pattern is forming, signaling a bearish reversal.
Trade Levels:
Short Entry: Below $0.41, targeting $0.37.
Stop Loss: $0.43.
Long Entry: Above $0.43, targeting $0.48.
Stop Loss: $0.41.
Market Move:
The next move leans bearish if $0.41 breaks, confirming downward momentum. However, regaining $0.43 flips the trend bullish toward $0.48. Focus on volume and confirmation before entering.
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