The $DOGE /USDT price is currently trading at 0.38766 USDT, showing a slight recovery (+0.87%) after a downward move. The overall market sentiment today is negative, with a -2.68% loss, but medium-to-long-term trends remain bullish with 7.95% gains in 30 days and over 330% yearly growth.

Long Entry Setup:

Entry Point: Wait for a breakout above 0.392 with good volume confirmation.

Target 1: 0.401 (previous 24h high).

Target 2: 0.415 (next resistance zone).

Stop Loss: 0.377 (recent low, below 24h support).

Short Entry Setup:

Entry Point: If price rejects 0.392 or breaks below 0.380.

Target 1: 0.375.

Target 2: 0.365 (stronger support area).

Stop Loss: 0.393 (just above immediate resistance).

Conclusion:

Currently, the market shows mixed signals with short-term selling pressure. Traders should wait for confirmation:

Breakout for long positions above 0.392.

Breakdown for short positions below 0.380.

Always manage risk with tight stop losses due to volatility.

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