🚨 $DOGE /USDT ALERT ON 4-HOUR CHART! 🚨
DOGE is on a powerful upward surge, showing strong bullish momentum! Currently trading at 0.41289, the coin has soared over 43% in the past 24 hours. The price action reflects a parabolic rise, with buyers pushing aggressively higher, marking this as a high-momentum setup.
📈 Trade Setup:
Entry Price: Around 0.41289 (current price) or on minor pullbacks if available.
💡 Critical Levels to Watch:
Resistance: 0.43858 – This is a significant level; a break above could signal another sharp move higher.
Support: 0.34775 – A dip here might attract more buyers. Keeping above this level is crucial for sustaining bullish momentum.
🎯 Take-Profit Targets:
1. TP1: 0.45200 – Close to recent highs; this is a moderate target for profit-taking.
2. TP2: 0.47500 – If momentum continues, expect DOGE to test this level.
3. TP3: 0.50000 – A psychological level that could trigger strong reactions from the market.
📉 Stop Loss:
Set at 0.34000 to manage risk if the trend reverses, especially if support fails to hold.
⚠️ Cautionary Note:
Traders should watch for signs of stability or a potential breakout above the resistance. A sudden spike in volume at resistance could indicate either a strong breakout or heavy sell orders. Monitor closely, as volatility is high!
This setup offers an opportunity, but stay alert to any sudden shifts in momentum.
