$DOGE /USDT Technical Analysis: Key Levels and Outlook 🎯
The DOGE/USDT pair is trading at $0.31756, down -2.82% in the last 24 hours, after hitting a 24h high of $0.32970 and a 24h low of $0.30552. The market is currently consolidating within these levels, and here’s a breakdown of potential targets:
📉 Key Support and Resistance Levels:
1. $0.32 Target: The $0.32 level is a key resistance point. If DOGE manages to break above this, we could see a potential move towards higher levels.
2. $0.30 Target: On the downside, $0.30552 represents a critical support level. If this level holds, DOGE may start a potential rebound back toward $0.32.
3. $0.35 Target: If the market turns bullish, the $0.35 level is the next resistance to watch, where a breakout could suggest a continuation of upward momentum.
⚙️ Current Market Overview:
Current Price: $0.31756
24h High: $0.32970
24h Low: $0.30552
24h Volume (DOGE): 2.29B
24h Volume (USDT): 730.90M
📊 Trading Tip: Watch the 1-hour and 4-hour charts for price action near $0.30552. A rebound could push DOGE back to $0.32 and beyond.
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