$DOGE /USDT Analysis (4H Chart)
Support and Resistance Levels:
- Resistance: 0.14373
- Support:0.12557
Trade Entry Points:
- Long Entry: Above 0.14373
- Short Entry:Below 0.12557
Explanation:
The DOGE/USDT pair has shown upward momentum, testing the resistance level at 0.14373. A breakout above this resistance could indicate a strong bullish trend, providing a good entry point for long positions. Conversely, if the price fails to hold above the support level at 0.12557, it may signal a bearish reversal, making it a viable entry for short positions. The current price action suggests monitoring these key levels for potential trading opportunities.
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