$DOGE Technical Analysis:
DOGE has experienced a significant short liquidation at $0.362, signaling strong bullish momentum and potential for further upward movement. The price is holding above the key support zone around $0.355 to $0.360, where buyers are likely to step in. If this support holds, DOGE could target the next resistance at $0.375 and $0.380. A breakout above $0.380 with strong volume could signal continued bullish momentum, pushing the price toward $0.400.
For traders:
Range Trading: Consider entering long near $0.360 with a stop-loss below $0.355, targeting resistance at $0.375 or $0.380.
Breakout Trading: A sustained move above $0.380 would confirm further bullish potential, with targets toward $0.400.
If support at $0.355 fails, a pullback toward $0.340 is possible. Stay vigilant as volatility could create rapid price shifts.
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