$DOGE /USDT has been on a strong bullish run, breaking above the 0.3100 resistance level. The current price is $0.31195, and the Relative Strength Index (RSI) is overbought, indicating potential for a short-term pullback.
Entry:
* Long: Consider a long position at the current price of $0.31195 with a stop-loss at $0.30500.
Targets:
* TP1: $0.31500
* TP2: $0.32000
* TP3: $0.32246 (24-hour high)
Support and Resistance:
* Support: $0.31000, $0.30500
* Resistance: $0.31500, $0.32000
Caution:
While the bullish momentum is strong, it's important to exercise caution as the market may experience a short-term correction due to the overbought RSI. Watch for signs of stability or potential breakout signals before entering any trades.
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