$DOGE

/USDT Technical Analysis: Is a Rebound on the Horizon?

DOGE is currently trading at $0.3698, reflecting a 7.31% dip in the past 24 hours. With a 24h low of $0.35229 and high of $0.41672, the market shows a bearish sentiment, but there could be a recovery in play.

Key Levels to Watch:

Target 1: $0.3800

This level serves as the first resistance. Breaking above it could indicate a short-term recovery and a shift in market sentiment.

Target 2: $0.4000

A psychological and technical resistance. If DOGE gains enough momentum to breach this, we might see renewed buying interest.

Target 3: $0.4250

The previous 24h high near this level makes it a crucial target. Reaching this would signal a potential reversal and strength in the bullish trend.

Conclusion:

DOGE’s movement hinges on breaking resistance at $0.3800. Failure to hold support at $0.35229 could lead to further downside. Stay vigilant, and trade cautiously.

#USUALonLaunchpool&Pre-Market #USUALonLaunchpool&Pre-Market #MemecoinWars #BTCBreaks93k #TrumpNominatesMuskDOGE