🚨 $DOGE /USDT 4-Hour Trading Signal Alert 🚨
Overview: DOGE/USDT has shown significant upward momentum recently, rising sharply by 23% over the past 24 hours. However, the coin is facing some selling pressure after reaching a high at 0.43858, which suggests potential resistance in the area. The current price is sitting at 0.35410, with the market appearing to consolidate and test its recent gains.
Current Price: 0.35410
Entry Price: Consider entries around 0.35410 with confirmation of support holding at this level.
Critical Levels:
Resistance: 0.43858 – Breaking above this resistance may signal further upward movement.
Support: 0.28663 – This is the recent low and a key support level to watch for potential downward movement if broken.
Take-Profit Targets:
1. TP1: 0.38500 – Near-term target for profit-taking if momentum sustains.
2. TP2: 0.42000 – Secondary target, where resistance may strengthen.
3. TP3: 0.45000 – Longer-term target in case of a strong breakout.
Stop Loss: Set at 0.30000 to limit downside risk if the price fails to hold above support.
Caution: Traders should watch closely for stability around 0.35410. A failure to hold this level could signal a pullback, while sustained movement above could indicate bullish momentum toward higher targets.
