$DOGE /USDT Technical Analysis
DOGE/USDT is demonstrating bullish momentum, trading at $0.31990 with a 1.21% gain in the last 24 hours. The price has rebounded from its support level at $0.30280, climbing toward its recent high of $0.32460.
Key Levels:
Immediate Resistance: $0.32460
Target 1: $0.33000
Target 2: $0.34000
Support Level: $0.31770
Stop Loss:
Place a stop loss at $0.31500 to mitigate downside risk.
Strategy:
Short-Term Traders: Look for a breakout above $0.32460 to target $0.33000 in the near term.
Mid-Term Traders: If DOGE consolidates above $0.31770, it could sustain momentum toward $0.34000.
Maintain proper risk management and keep an eye on market conditions for any shifts in trend direction.