đš $DOGE /USDT Trading Alert! đš
đ Current Price: $0.1094
đš Support Level: $0.1072 - This level represents the recent lows from which the price has rebounded, suggesting a solid floor below which sellers lose steam.
đ Resistance Level: $0.11047 - This peak is where the price touched before pulling back slightly, indicating a zone where selling pressure begins to outweigh buying momentum.
đ Entry Strategy:
Long Trade: Consider entering a buy position if the price breaks above the resistance at $0.11047. This breakout could indicate potential for further upward movement.
đŻ Target Levels:
1. First target: $0.112
2. Second target: Stretch target of $0.115, considering recent momentum.
đ Stop Loss: Set a stop loss at $0.106, just below the recent support level, to minimize potential downside risk.
đĄ Trade Rationale: The recent upswing in price and a potential break above resistance could pave the way for further gains. Keeping a close eye on these key levels will be crucial in executing this trade effectively.
đ Letâs gear up for a possible bullish run if DOGE breaks through the resistance. Ready to take off! đ
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