đđ $DOGE
/USDT Technical Analysis â Can DOGE Rebound? đŻ
The current DOGE chart tells an interesting story. The price is trading at $0.44256, down by -3.71% over the last 24 hours. But could this retracement pave the way for a strong rebound? Letâs explore the key levels and targets:
đ Technical Analysis:
1ïžâŁ Support Zone: $0.41400
DOGE has touched this level, potentially forming a strong support for buyers.
2ïžâŁ Resistance Levels:
Target 1: $0.46000
This is the first resistance level, where a minor breakout could occur.
Target 2: $0.48000
This is the 24-hour high and a key retest level for further momentum.
Target 3: $0.50000
This psychological resistance level could trigger a strong bullish movement if breached.
đ Indicators:
RSI: Near the oversold zone, indicating potential buying pressure.
MACD: Neutral but close to a signal line crossover.
đ Trading Suggestions:
Look for buying opportunities near $0.41400.
Take profits at $0.46000 and $0.48000, with $0.50000 as a higher-risk target.
Stop Loss: Set below $0.40000 for risk management.
#USBitcoinBill #ETHPriceSurge #ADAHits1USDT #BTCBreaks100K? #SOLHitsATH