I bought it n 0.84😢😢

$DOGE

/USDT – Bullish Continuation with Healthy Support 💥

Current Data:

Price: $0.40521

24h High: $0.41392

24h Low: $0.39239

24h Change: +1.59%

24h Volume:

DOGE: 1.54B

USDT: 621.21M

Technical Analysis 🔍:

Trend: Bullish continuation with a 1.59% increase over the past 24 hours. The price has been holding well above the support zone.

Support: $0.392 – Strong support at recent lows, where price bounced back.

Resistance: $0.414 – Recent high, a key level to break for further upside.

Momentum: Positive momentum, indicating that DOGE might be gearing for further upside.

Volume: High volume, which is a good indicator of market interest and ongoing buying pressure.

Trade Strategy 🚀:

Entry Zone 📍:

Buy Zone: Consider entering near $0.405 - $0.407, as this level seems to be providing solid support with a small pullback.

Target Keys 🎯:

1. $0.415 – Immediate resistance target, where partial profits can be taken or stop-loss adjusted.

2. $0.425 – Secondary target if the trend continues with strong momentum.

3. $0.440 – Extended target if DOGE breaks higher, fueled by volume and positive sentiment.

Stop-Loss 🚨:

Conservative Stop-Loss: $0.392 – Below the recent low to protect from a potential reversal.

Aggressive Stop-Loss: $0.398 – Tighter stop for those who prefer less risk.

Trade Setup ⚙️:

Confirmation Needed: Look for a breakout above $0.414 to confirm bullish momentum.

Indicators to Watch:

MACD: Ensure MACD shows a bullish crossover to confirm upward movement.

RSI: Watch for RSI to remain above 50, indicating sustained bullish momentum.

Volume: Pay attention to increased volume during price moves upward.

Execution Plan 🎯:

1. Buy: Enter near $0.405 - $0.407, anticipating a breakout and continuation.

2. Take Profit:

First at $0.415

Second at $0.425

Extended target at $0.440 if momentum builds.

3. Stop-Loss: Set at $0.392 for conservative risk or $0.398 for a tighter setup.

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