$DOGE Potential Trade Signal â đ
Potential Buy Signal:
Entry: Consider entering a long position around the current price level (0.37320), as it is showing a continuation of upward momentum with increased volume.
Stop Loss: A stop loss can be set below the recent support at 0.35900 to minimize downside risk.
Take Profit: Potential take-profit targets could be set at 0.39630 (previous resistance level) and 0.41000 if the bullish trend continues.
Caution: Keep an eye on the RSI. If it continues to rise towards 70 or higher, the asset may enter overbought territory, increasing the risk of a pullback or short-term correction.
Note: Given the current trend, it's advisable to monitor the buying volume closely. A decrease in volume or failure to break through resistance levels might signal weakness in the upward momentum.