🚨 $DOGE Retracement Alert – Critical Levels in Sight! 🚨
Dogecoin ($DOGE ) is trading at $0.42159, showing a decline of 4.33% in the last 4 hours. After hitting a 24-hour high of $0.46357, DOGE is now consolidating and testing key support and resistance levels, signaling a potential reversal or further decline.
Key Levels to Watch:
Immediate Support: $0.40030
If DOGE fails to hold above this level, we could see a deeper pullback.
Major Resistance: $0.44129
A breakout above this resistance could reignite bullish momentum and push prices higher.
Three Targets for Traders:
1. Target 1: $0.4500 – A minor resistance level, ideal for profit-taking in a breakout.
2. Target 2: $0.4650 – Retesting the recent high, indicating bullish continuation.
3. Target 3: $0.4800 – A key psychological level, signaling strong bullish strength.
Trade Setup:
Long Entry: Above $0.44129, targeting $0.4500, $0.4650, and $0.4800.
Short Entry: Below $0.40030, aiming for $0.3900 and $0.3655.
Stop Loss: Place at $0.4100 to manage risk effectively.
DOGE is at a pivotal point; watch these levels closely for the next move!