$DOGE /USDT Analysis Update: Breakout in Progress! 🔥💯
Current Price: $0.33624 (+14.10%)
• Market Overview: DOGE/USDT has shown a strong bullish recovery, breaking the $0.3200 resistance with increasing momentum. Price action suggests a possible continuation if key levels are maintained.
• Key Levels:
• Resistance: $0.3500 (24H High)
• Support: $0.3200 (recent breakout level)
Trading Strategy:
• Long Entry: Above $0.3400 (next breakout confirmation). Target: $0.3800.
• Short Entry: Below $0.3200 (bearish reversal). Target: $0.3000.
• Stop Loss: Place below $0.3100 for both setups.
Next Move:
DOGE is likely to retest $0.3500 soon. A breakout above this could push it toward $0.3800 in the short term. However, failure to hold $0.3200 may trigger a correction toward $0.3000. Watch for volume confirmation to time entries accurately.
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