$DOGE /USDT has been consolidating in a tight range for the past few hours, forming a clear descending triangle pattern. This pattern is often a bullish continuation pattern, indicating that a breakout to the upside is likely.
Current Price: $0.31667
Entry Price: $0.31667 (Buy on the break of the descending triangle)
Resistance: $0.31900
Support: $0.31600
Take-Profit Targets:
* T1: $0.31800
* T2: $0.31900
* T3: $0.32000
Stop Loss: $0.31400
Caution:
* Traders should be aware that the market is currently in a state of consolidation.
* It is important to use proper risk management techniques, such as setting a stop loss order, and to only trade with capital that you can afford to lose.
