$DOGE $DOGE /USDT Technical Analysis

Current Price: $0.15994

Price Change: -6.88%

Support and Resistance Levels:

Resistance Levels:

First Resistance: $0.17364 (Recent 24h High)

Second Resistance: $0.17980 (Market Depth Level)

Support Levels:

First Support: $0.15646 (Recent 24h Low)

Second Support: $0.15487 (Previous low)

Entry Level:

Suggested Entry: $0.15800 (Near current price, anticipating a potential bounce)

Stop Loss:

Suggested Stop Loss: $0.15400 (Below the first support to limit risk)

Analysis:

DOGE is currently experiencing a sharp decline, breaking through key support levels. The recent support at $0.15646 is critical; a bounce here could signal a potential reversal. Resistance at $0.17364 is important to monitor for any upward movement.

Recommendation: Consider entering at $0.15800 with a stop loss set at $0.15400 to manage risk effectively. Stay alert for market changes that could impact price action.#NFPWatch #USADPSurges #CryptoPreUSElection #EthereumPectraUpgrade #Write2Earn!