$DOGE /USDT Analysis: Momentum & Key Levels

Pattern: Bullish flag observed on the 15m timeframe, suggesting potential continuation of upward momentum.

Trade Plan

Long Entry: $0.39250 (confirmation of breakout with strong volume).

Targets:

Target 1: $0.3980

Target 2: $0.4050

Stop Loss: $0.3870 (below recent support level).

Analysis:

The bullish flag on the 15-minute chart indicates strong upward potential if $0.3925 is breached with sustained volume. A failure to hold above $0.3870 could signal a temporary retracement, so proper risk management is crucial.

Market Insights:

The broader crypto market shows signs of recovery, adding to DOGE’s bullish momentum.

Watch for Bitcoin’s movement, as it often impacts altcoins like DOGE.

Note: Trade cautiously and avoid over-leveraging in this volatile market.

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