๐ $DOGE /USDT Technical Analysis โ Key Levels to Watch!
๐ Current Price: $0.31376
๐ 24H Low: $0.31206
๐ 24H High: $0.35000
๐ Analysis:
DOGE is showing signs of consolidation after a recent dip. With strong market volume of 3.52B DOGE, the coin is holding near its support zone. Here are the key levels to watch for potential moves:
๐ฏ Target 1: $0.32000
Reason: Minor resistance, achievable with a slight bullish push. Watch for increased buying pressure.
๐ฏ Target 2: $0.33500
Reason: A breakout above the first target could lead to this zone. Look for momentum indicators turning positive.
๐ฏ Target 3: $0.35000
Reason: This is the 24H high and a strong resistance level. Bulls need significant volume to test this level.
๐ Indicators to Monitor:
RSI: Look for oversold or overbought signals.
Volume: A spike in volume could confirm the direction of the breakout.
Support Level: $0.31200 โ crucial to hold for avoiding further downside.
๐ข Trade Wisely: DOGE is a volatile asset, and market conditions can change rapidly. Keep your stop-loss tight and monitor updates!
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