Analyzing the 15-minute chart for $DOGE /USDT, the current price is 0.29397. This level presents a potential entry point as the price moves within a consolidation phase following a recent upward trend.
Key resistance to monitor is at 0.30341, which, if broken, could push the price higher and attract additional buyers.
On the downside, immediate support is found at 0.28577, with a more critical support level at 0.24772, where a stop-loss can be strategically placed to limit risk.
For take-profit targets, set TP1 at 0.30341, TP2 at 0.31500, and TP3 at 0.32500 to capture gains from potential bullish momentum.
This setup offers a promising risk-reward ratio for those looking to trade DOGE/USDT in the short term.
