🚀 $DOGE

/USDT Technical Analysis: Ready for the Next Move?

Dogecoin (DOGE) is catching traders' attention with its recent price action. Let’s break it down and explore 3 potential targets based on current market trends:

Current Price: $0.38757

24H High: $0.42000

24H Low: $0.37600

Key Levels to Watch:

1️⃣ Target 1 – $0.40000

Analysis: A psychological resistance level where buying pressure could increase. Breaking this point could confirm a short-term bullish trend.

2️⃣ Target 2 – $0.42000

Analysis: This was the 24H high and a key resistance. If DOGE manages to break and hold above this level, it signals strength and could pave the way for further upside.

3️⃣ Target 3 – $0.45000

Analysis: A major resistance zone from previous price action. If the market sentiment remains bullish, DOGE could aim for this level in the coming days.

Support to Monitor:

$0.37600: A strong support zone. If the price breaks below, it could trigger a bearish move.

Indicators in Play:

RSI: Approaching neutral, suggesting room for upward movement.

Volume: Consistent buying volume indicates potential for a breakout.

Trading Strategy:

Scalpers can aim for quick gains between $0.38757 and $0.40000.

Swing traders can look for entries near $0.37600 with targets up to $0.45000.

📊 Trade responsibly and always do your own research before entering the market.

@Contentos-COS $COS

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