$DOGE /USDT Technical Analysis & Trade Signal💯💯🚀🚀🚀✅💥

Current Market Overview:

Price: $0.40563

24h High: $0.41500

24h Low: $0.39240

24h Change: +1.70%

Technical Indicators:

1. Support Levels:

Strong Support: $0.3920

Immediate Support: $0.4000

2. Resistance Levels:

Immediate Resistance: $0.4150

Strong Resistance: $0.4350

3. Moving Averages:

50 EMA: Bullish crossover above $0.4025

200 EMA: At $0.3970 (support zone)

4. RSI (14): 56 (Neutral but approaching bullish territory)

5. MACD: Bullish crossover on the 4H chart, signaling upward momentum.

Trade Momentum:

DOGE is showing signs of moderate bullish momentum. A breakout above $0.4150 could ignite a further rally, while failing to hold $0.4000 may push prices toward lower support levels.

Trade Signal (Long Entry):

Entry Zone: $0.4030–$0.4070

Stop-Loss: $0.3920 (below the key support level)

Target Levels 🎯:

1. Target 1: $0.4150 (Immediate resistance)

2. Target 2: $0.4250 (Next breakout level)

3. Target 3: $0.4350 (Major resistance zone)

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Trade Strategy:

Risk/Reward Ratio: 1:2 or higher recommended.

For short-term traders, focus on Target 1 and Target 2.

For swing traders, monitor a breakout above $0.4250 to achieve Target 3.

Caution:

Monitor Bitcoin's price movement, as it significantly impacts DOGE's momentum.

Reduce position size in case of high market volatility.

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