$DOGE /USDT Analysis
Current Price: $0.38793
24H Change: +0.98%
Analysis:
The $DOGE /USDT pair is currently in a sideways trend, forming a pennant pattern. This pattern suggests that the price could break out in either direction.
Trade Recommendations:
Long Entry: $0.4200 (break above the pennant)
Long Target: $0.4500
Long Stop Loss: $0.3700
Short Entry: $0.3700 (break below the pennant)
Short Target: $0.3300
Short Stop Loss: $0.4000
Market Outlook:
The market sentiment for DOGE is currently neutral. The next move will depend on the breakout direction of the pennant pattern.
Leverage:
* Long: 2x
* Short: 2x