$DOGE /USDT is currently trading at $0.33509. The pair has shown a strong upward momentum in the past 24 hours, with a 7.17% increase. The 24-hour high was $0.34053, and the 24-hour low was $0.30938. The 24-hour trading volume for DOGE was 1.67B USDT.
Entry Signal:
A bullish engulfing candle has formed on the 15-minute chart, signaling a potential reversal to the upside. The current price is above the 100-period moving average, which further supports the bullish outlook.
Entry Price: $0.33509 (current price)
Resistance Levels:
* $0.34000
* $0.35000
* $0.36000
Support Levels:
* $0.33000
* $0.32500
* $0.32000
Take-Profit Targets:
* TP1: $0.34000 (3.28% profit)
* TP2: $0.35000 (4.48% profit)
* TP3: $0.36000 (7.46% profit)
Stop Loss: $0.32500 (2.98% loss)
Cautionary Note:
Traders should watch for stability or potential breakout signals before entering any trades. The market is highly volatile, and prices can fluctuate rapidly. It is important to use proper risk management techniques, such as setting stop-loss orders and taking profits at predetermined levels.
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