Keep an Eye on $DOGE Movement
$DOGE appears to be forming a triple bottom and is now showing upward momentum, with a target of $0.33. This presents a strong opportunity to buy and consider long positions.
$DOGE/USDT: Testing Critical Support for a Potential Rebound
Currently trading at $0.31131, $DOGE is down 2.34% for the day. After reaching a 24-hour low of $0.30666, the token is consolidating as buyers step in to limit further losses. The 24-hour high of $0.32326 remains a crucial resistance level. With over 1.08 billion DOGE traded in the last 24 hours, interest in the token remains high despite the recent pullback.
Key Levels to Monitor:
Targets: $0.3200 (short-term), $0.3300 (mid-term)
Support Zone: $0.3100
Stop Loss: $0.3050
A breakout above $0.32300 could signal a recovery, while failure to sustain levels above $0.31000 might indicate further downside risks. Traders should wait for confirmation of a breakout or a retest at these critical levels before making their next move.