Current price: 0.39272 USDT.The 24-hour high is 0.41600 and the low is 0.34898.The price is up by 7.19%.Recent support around 0.35121.Resistance at 0.41600.The recent volume is relatively high, which can signal increased interest and possible volatility.
Trading Signal $DOGE
Bullish: Given the upward movement and positive momentum, a buy signal could be considered if the price sustains above 0.395 (current resistance), as it may break towards the recent high at 0.416.
*Bearish: If the price drops below 0.37173 (closer support), it may suggest weakness and a possible downtrend toward 0.35121.
Suggested Strategy:$DOGE
Entry: Buy if price breaks and holds above 0.395.
Stop Loss: Set at 0.37173.
Take Profit: Target around 0.41600 or adjust based on further analysis.