The $DOGE /USDT pair on the 15-minute chart is displaying signs of strength as it currently trades around 0.17014, up significantly for the day.

DOGE has established a key resistance level at 0.17271, a recent high that it needs to break through to continue its upward momentum.

A potential entry for a long position could be considered if DOGE sustains levels above 0.17050, confirming bullish sentiment. If this breakout occurs, we could target incremental profits at 0.17300 (TP1), 0.17500 (TP2), and 0.17700 (TP3), anticipating continued upward pressure.

However, it’s prudent to watch the support level around 0.16800; a drop below this level might indicate a shift in momentum, making a stop-loss at 0.16750 advisable.

This setup balances the potential upside with clear risk management levels, aiming to capture gains while safeguarding against a possible pullback.

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