🚨 $DOGE TRADING ALERT: Prepare for a Breakout or Retracement! 🚨
On the 15-minute chart, $DOGE is displaying a strong upward momentum, currently trading at $0.42817, up 7.03% in the last 24 hours. The coin surged to a 24-hour high of $0.43744 but has shown slight retracement after reaching resistance.
Key Levels to Watch:
Resistance: $0.4375 – Breaking above this level could trigger significant buying pressure.
Support: $0.4095 – A drop below this level may indicate a bearish reversal.
Trade Setup:
Long Entry: $0.4290
Take-Profit Targets: $0.4350, $0.4420, $0.4500
Stop Loss: $0.4080
Short Entry: $0.4270
Take-Profit Targets: $0.4200, $0.4120, $0.4050
Stop Loss: $0.4400
Cautionary Note:
DOGE is testing critical levels, and traders should monitor volume closely. A breakout above resistance could confirm bullish continuation, while failure to hold support may lead to bearish sentiment. Tight stop losses are recommended to manage risks in this volatile market.
