🚨 $DOGE /USDT PLUMMETS 18% – Is a Rebound on the Cards? 🚨
DOGE is trading at $0.29681, down 18.62% in the last 24 hours, following a massive sell-off. After hitting a low of $0.26216, DOGE has shown early signs of recovery but faces significant resistance ahead.
Key Levels to Watch:
Support Zone: $0.26216 – Crucial for preventing further declines.
Resistance Levels:
1. $0.31056 – Immediate resistance to overcome.
2. $0.36660 – Mid-level target for upward momentum.
3. $0.41500 – Key breakout zone for a bullish recovery.
Trade Setup:
Bullish Scenario: A move above $0.31056 could drive DOGE toward $0.36660, with $0.41500 in sight if the rally gains strength.
Bearish Scenario: A failure to hold $0.26216 could see DOGE retest $0.24000 or lower.
Pro Tip:
Watch for volume spikes to confirm any breakout. Tight stop-losses are essential to mitigate risk in this volatile environment.
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