🚨 $DOGE /USDT ALERT: High Volatility Detected on the 15-Minute Chart! 🚨
DOGE has been trending downward, showing a significant decline of 11.71% within the last 24 hours, with the price currently at $0.37632. It recently hit a 24-hour low of $0.36500 but appears to be attempting a slight recovery. Momentum remains weak, but a potential reversal could occur at critical levels.
💡 Trade Setup: Short-Term Focus
Entry Price: $0.37632 (Monitor for stability or breakout confirmation).
Resistance Levels:
1. $0.39493
2. $0.40880
3. $0.42657
Support Levels:
Strong at $0.36500 – a break below this level could lead to further losses.
📉 Stop Loss: $0.36281 (Ensure capital protection if bearish continuation occurs).
⚠️ Cautionary Note: Watch closely for consolidation or rejection near resistance levels. A breakout above $0.39493 could signal bullish momentum, while failure to hold support at $0.36500 may trigger a sell-off toward lower levels. Traders are advised to exercise strict risk management due to heightened volatility.
