š $DOGE /USDT Analysis Update ā 4H Timeframe š
Current Price: $0.40026
24H High: $0.41392 | 24H Low: $0.39239
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š¢ Long Trade Setup:
Entry Zone: $0.40100 ā $0.40500
Target 1: $0.41500
Target 2: $0.42500
Stop Loss: $0.39200
Reasoning:
A breakout above the $0.40500 level may push the price toward the $0.41500 resistance. Sustained buying pressure can lead to further highs near $0.42500. Risk-reward ratio looks favorable for buyers in this range.
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š“ Short Trade Setup:
Entry Zone: $0.39700 ā $0.40000
Target 1: $0.39000
Target 2: $0.38000
Stop Loss: $0.40700
Reasoning:
Failure to hold the $0.40000 support can trigger a downside move. Bears may test $0.39000 initially, with extended drops possible if momentum increases.
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š Key Levels to Watch:
Resistance: $0.41300 | $0.42500
Support: $0.39200 | $0.38000
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š® Prediction:
If bullish momentum dominates, expect upward movement towards $0.41500 and $0.42500. On the flip side, a breach below $0.39700 could invite further selling pressure. Monitor the price closely at these key levels!
ā ļø Trade Wisely! Manage risks with proper stop-loss placement and take partial profits at key targets.
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