$DOGE /USDT Technical Analysis - Binance

📊 Current Price: $0.32956 (-0.83%)

⏰ Timeframe: 30m

Analysis & Targets

The chart shows that $DOGE is trading within a range after significant movements. Based on technical analysis:

1️⃣ Target 1: $0.3350

Minor resistance level from recent price action.

Potential for a quick 1.5% move if DOGE breaks above $0.3300.

2️⃣ Target 2: $0.3420

Key resistance aligned with the 24-hour high.

A breakout here may trigger further momentum.

3️⃣ Target 3: $0.3500

Psychological barrier with major interest from buyers.

Strong momentum above this level could lead to further bullish action.

Strategy

📈 Bullish Case: Monitor for a breakout above $0.3300. Enter trades with partial take-profit at each target.

📉 Bearish Case: If the price dips below $0.3250, look for support around $0.3200.

⚠️ Risk Management: Set stop-loss below $0.3250 for long positions to protect against downside risk.

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