ALERT $DOGE ⚠️ FOR THE NEXT 24 HOURS

$DOGE DOGE/USDT on a 4-hour time frame with several indicators such as RSI, MACD and Moving Averages (MA). Below is the technical analysis and entry plan:

General Analysis

1. Current price: 0.36350

2. 24-hour high: 0.37580

3. 24-hour low: 0.34000

4. RSI (Relative Strength Index): The RSI is at level 46, indicating that the market is neutral (neither overbought nor oversold).

5. MACD: Negative histogram with the MACD line below the signal line, indicating a weak bearish trend.

6. Volume: A decrease in volume over the last candles, indicating reduced momentum.

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Entry and Exit Strategy

Entry Buy

Entry Level: If the price breaks the nearest resistance level around 0.37580, a confirmed breakout may be a buying opportunity.

Stop Loss (SL): 0.36000 (below MA-7 to limit risk).

Target Profit (TP): 0.39000 (based on the next potential resistance).

Entry Sell

Entry Level: If the price breaks below the support at 0.34000, it may be a selling opportunity.

Stop Loss (SL): 0.36500 (above MA-25 to limit risk).

Target Profit (TP): 0.32000 (a strong support level based on previous trends).

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Caution

Sideways Condition: Since the indicators show a neutral market, the price is likely to move sideways in the short term. Wait for a breakout or breakout to confirm a trend.

Volume Confirmation: Before entering a position, make sure there is an increase in volume to confirm the price movement.

Use this analysis with proper risk management as the cryptocurrency market is highly volatile $DOGE