$DOGE /USDT Technical Analysis

Current Price: $0.39

Trend: Bullish

Support Levels:

Immediate Support: $0.37

Strong Support: $0.35

Resistance Levels:

Immediate Resistance: $0.395

Key Resistance: $0.41

Technical Indicators:

1. RSI (Relative Strength Index): 68 (Approaching overbought zone but still bullish)

2. MACD: Positive crossover, indicating upward momentum.

3. Moving Averages:

20 EMA: Above the price, showing a bullish trend.

50 EMA: Acting as strong dynamic support.

Trade Momentum:

DOGE is showing strong bullish momentum, supported by high 24-hour trading volumes. A breakout above $0.395 could trigger a further rally. However, traders should watch for potential corrections near overbought levels.

---

Trade Signal:

Entry Point:

Aggressive Entry: $0.39 (Market Price)

Conservative Entry: On a pullback near $0.37

Targets 🎯:

1. Target 1: $0.405

2. Target 2: $0.42

3. Target 3: $0.45

Stop-Loss: $0.36

---

Strategy:

If DOGE breaks and sustains above $0.395, expect a rally toward higher targets.

Monitor market volume and RSI for signs of weakness.

Short-term traders should secure partial profits at Target 1 and adjust stop-loss to breakeven.

Note: Always conduct your risk assessment and trade with proper risk management.

#CryptoReboundStrategy #BitcoinHashRateSurge #BitcoinTurns16 #BIOOpenonBinance