🎯$DOGE /USDT Technical Analysis🎯

📊The $DOGE /USDT pair is currently consolidating within a tight range, exhibiting a neutral to slightly bearish bias. The price is hovering near the 100-day moving average, indicating potential support at the 0.41622 level. A break below this level could trigger further downside movement towards the 0.38 support level.

On the upside, resistance is expected at the 0.43700 level, which coincides with the 24-hour high. A break above this level could potentially lead to a move towards the 0.45 resistance level.

📊Trading Strategy:

Short-term:

📉 Short Entry: 0.43700

🛑 Stop Loss: 0.44000

🎯 Target: 0.41622

Long-term:

📈 Long Entry: 0.41622

🛑 Stop Loss: 0.41000

🎯 Target: 0.43700

⚠️Note: This analysis is based on technical indicators and past price action. It's important to conduct your own research and consider risk management before making any trading decisions.

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