๐ $DOGE /USDT Technical Analysis & Targets ๐ฏ๐ฏ๐ฏ๐๐
Current Price: $0.31601
24h High: $0.34308
24h Low: $0.30552
Volume: 3.02B DOGE | 975.70M USDT
๐ Analysis:
After a sharp 7.29% drop, DOGE/USDT is showing signs of consolidation around the $0.31 level. The recent sell-off has triggered a potential short-term support at $0.30552. Buyers might look for a bounce around this level to target higher resistance zones.
๐ฎ Key Targets:
1๏ธโฃ $0.320 - Immediate resistance; a breakout here could signal a bullish reversal.
2๏ธโฃ $0.335 - Mid-term target, based on the 4-hour chart's Fibonacci retracement levels.
3๏ธโฃ $0.350 - Major resistance; a strong move above this could confirm a more sustained upward trend.
๐ Risk Management:
Stop Loss: Below $0.305
Target Profit: $0.350
Keep an eye on volume and price action for confirmation before making any moves. Stay updated, and trade wisely! ๐ก
#BTCNextMove #USUALAnalysis #CorePCESignalsShift #ElSalvadorBTCReserve #USJoblessClaimsFall