$DOGE /USDT Technical Analysis & Trade Signal 🚀

Current Price: $0.38648

24h High: $0.39500

24h Low: $0.33599

24h Change: +13.63%

Trend Overview:

DOGE is currently in a strong uptrend, showing a significant +13.63% rise in the last 24 hours, pushing it towards the $0.39500 resistance level. The price has consistently held above $0.33599, which indicates strong support.

Key Support: $0.33599

Key Resistance: $0.39500

Trade Signal 📈:

Buy Entry: $0.38648

Target 1: $0.39500 (near resistance level)

Target 2: $0.42 (next major resistance)

Target 3: $0.45 (extended resistance level)

Stop Loss: $0.34 (Below recent low)

Momentum & Indicators:

MACD: Bullish crossover confirmed, indicating strong upward momentum.

RSI: Currently at 65, approaching overbought levels, suggesting the price could continue rising but watch for potential pullbacks.

Volume: 2.56B DOGE traded in the last 24 hours, signaling solid buying activity.

Trade Momentum 🚀:

The market momentum is bullish, supported by the recent upward push. If the price breaks above $0.39500, we could see further upside potential targeting $0.42 and $0.45 in the coming sessions. However, if the price dips below $0.34, a pullback towards $0.30 could occur.

This setup provides a solid buying opportunity while keeping risk management in check. Monitor the price around $0.39500 for potential breakout signals!

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