📊 #DOGE 4-Hour Timeframe: Technical Analysis

🔍 Technical Overview:

Current Price: 0.39073

Trend: Local uptrend forming after a recovery from the 0.29 level.

Support Levels:

0.36 — nearest support level.

0.29 — key support zone and previous bottom.

Resistance Levels:

0.40 — local high.

0.48 — strong resistance that previously blocked price growth.

💡 Recommendations:

🔵 Entry Points:

First Entry: Enter on a breakout and consolidation above 0.40 — confirms trend strength.

Second Entry: On a pullback to the 0.36 level (support zone).

Third Entry: In case of a correction to the 0.29 zone — a safe long-term entry.

Fourth Entry: Enter if the price revisits the 0.48 range and begins testing this level.

🟢 Take-Profit Points:

First Take-Profit: At 0.40 — nearest resistance; secure 25% of the position.

Second Take-Profit: At 0.48 — local high; secure 50% of the position.

Third Take-Profit: At 0.50 — on a breakout above 0.48 and trend continuation.

Fourth Take-Profit: In case of a sharp rally, secure the remaining position at 0.55.

⚠️ Risks:

If the price breaks below 0.36, the trend may reverse, requiring loss mitigation.

Watch trading volumes — growth without volume may signal a false breakout.

📈 Stay sharp and trade smart! 🚀

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