🚨 $DOGE /USDT PRICE ACTION ALERT! 🚨
$DOGE /USDT is trading within a well-defined descending channel on the 30-minute timeframe, with notable rejections at both upper and lower trendlines. Currently sitting at 0.14967 USDT, it’s testing the support within this downward trajectory, indicating potential for a short-term move.
🔍 Entry Recommendations:
1. Short Entry: If DOGE approaches and fails to break above the upper channel boundary near 0.15150 USDT, consider a short entry targeting the lower boundary around 0.14450 USDT.
• Stop Loss: Set at 0.15350 USDT to guard against breakout risk.
2. Long Entry: If DOGE breaks above the descending trendline with strong volume, a long position could be initiated around 0.15150 USDT, targeting 0.15750 USDT.
• Stop Loss: Place at 0.14800 USDT to protect against false breakouts.
💡 Key Levels to Watch:
• Resistance: 0.15150 USDT – A breakout could signal bullish momentum.
• Support: 0.14450 USDT – A breakdown here may lead
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