$DOGE /USDT Technical Analysis
DOGE/USDT is showing bullish momentum, trading at a price of $0.31990 with a gain of 1.21% over the last 24 hours. The price bounced off the support level at $0.30280, rising towards a 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:
Set the stop-loss at $0.31500 to reduce the risk of losses.
Strategy:
Short-term Traders: Look for a breakout above $0.32460 to target $0.33000 in the near term.
Medium-term Traders: If DOGE consolidates above $0.31770, it may maintain momentum towards $0.34000.
Maintain proper risk management and monitor market conditions for changes in trend direction.
