$DOGE /USDT: Riding the Momentum Wave for Quick Gains
$DOGE /USDT is trading at $0.32830, showing a strong upward momentum with a 10.45% daily gain on the 15-minute timeframe. Immediate resistance is identified at $0.3350, followed by $0.3500, while support levels are positioned at $0.3139 and $0.2937. A potential entry point for traders lies at $0.3250, with profit-taking targets set at $0.3350 (TP1), $0.3450 (TP2), and $0.3500 (TP3). To manage risk, a stop-loss is recommended at $0.3120.
The RSI currently hovers around 53, indicating neutral-to-bullish momentum, while the MACD shows signs of recovering from bearish territory. Traders are advised to monitor a confirmed breakout above $0.3350 before committing, as DOGE’s recent volatility provides opportunities for both quick intraday profits and strategic short-term holds. Tight risk management and disciplined stop-loss adjustments are key to capitalizing on this setup.