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Vicky786
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$STORJ
2.5 profit trade Close
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Doge $DOGE ⚠️ ALERT FOR THE NEXT 12 HOURS $DOGE DOGEUSDT, here is the technical analysis for the next 12 hours: 1. Price Trend Last Price: $0.40731. The price experienced a strong bullish rally but is now entering a consolidation phase or potential correction. The trend remains bullish overall, supported by the moving averages (MAs) sloping upward. 2. Key Indicators MACD: Still in positive territory, but the histogram is narrowing, signaling weakening momentum. RSI: Around 60, showing the market is cooling off after being overbought earlier. Stochastic RSI: Approaching oversold levels, suggesting a potential bounce if support holds. Volume: Declining compared to the initial rally, indicating reduced buying pressure. 3. Key Levels Resistance: $0.4310: Immediate resistance, based on recent highs. $0.4400: Secondary resistance if bullish momentum resumes. Support: $0.4000: Nearest support, aligning with recent consolidation. $0.3800: Stronger support level if correction deepens. 4. Trading Strategy For a bullish setup: Buy Entry: Enter around $0.4000-$0.4050 during pullbacks. Confirm entry with volume increase or bullish signals on the Stochastic RSI. Stop Loss (SL): Place SL below $0.3800 to limit risk. Take Profit (TP): TP1: $0.4310 (immediate resistance). TP2: $0.4400 for extended upside. For a bearish setup: If the price fails to break above $0.4310, short positions could be considered with: Entry: Near $0.4280-$0.4310. SL above $0.4400. Targets: $0.4000 and $0.3800. 5. Market Conditions Current sentiment is neutral to bullish, with the potential for a short-term pullback before resuming upward momentum. Watch for increased volume and MACD confirmation for a stronger breakout above resistance levels. DOGEUSDT Perp 0.40746 -3.78%
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