🚀 $DOGE /USDT - Key Reversal Zone in Play!

Current Price: $0.36848

Recent High: $0.39876

24h Low: $0.35684

Technical Outlook:

DOGE has experienced a sharp pullback after testing resistance at $0.39876. The current price action suggests a potential recovery from oversold levels. However, if selling pressure continues, a retest of the $0.34808 support zone is possible before a stronger bounce occurs.

Trade Setup:

Entry Range: $0.3660 - $0.3700

Targets:

Target 1: $0.3752

Target 2: $0.3840

Target 3: $0.3925

Stop Loss: $0.3480

Market Behavior:

Expect short-term volatility, but DOGE's trading volume indicates potential for a swift recovery. Monitor the $0.3750 resistance for confirmation of bullish momentum. Ensure to secure partial profits along the way and trail stop losses for risk management.

Stay vigilant and trade wisely!

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