๐ $DOGE /USDT: Volatility Unleashed โ Strategic Entry Points for Traders!
$DOGE /USDT drops by -4.35%, trading at $0.39138. With high trading volumes and significant volatility, there are opportunities for both long and short positions.
๐ฏ Targets for Long Trades:
1๏ธโฃ First Target: $0.4000 โ Recovery to the psychological level.
2๏ธโฃ Second Target: $0.4060 โ Retesting the mid-range resistance.
3๏ธโฃ Third Target: $0.4140 โ Approaching the 24-hour high resistance.
Setup: Enter above $0.3920 after a strong bullish reversal signal. Use $0.3850 as a stop-loss to protect against further dips.
๐ฏ Targets for Short Trades:
1๏ธโฃ First Target: $0.3890 โ Immediate support level.
2๏ธโฃ Second Target: $0.3800 โ Deeper retracement zone.
3๏ธโฃ Third Target: $0.3700 โ Testing a significant support area.
Setup: Short if price breaks below $0.3900 with confirmation of bearish momentum. Use $0.3950 as a stop-loss to minimize risks.
โก Market Insight: $DOGE continues to exhibit volatility, creating excellent opportunities for scalpers and swing traders. Monitor volume trends and MACD signals for better entry points.
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