all this analysis is a bullshit they control the price manually 😁

🚨 $DOGE /USDT Technical Analysis & Trade Signal: Potential Moves Ahead! 🚨



Current Price: $0.35116

24h High: $0.39831

24h Low: $0.34713

🔍 Market Trend Analysis:

DOGE/USDT is experiencing a bearish momentum in the short-term, with a 9.53% drop in the last 24 hours. Price action is testing lower levels, suggesting more downside potential. However, the strong trading volume indicates market interest, and this could lead to volatile moves.

📊 Key Support & Resistance Levels:

Immediate Support: $0.34713

Immediate Resistance: $0.39831

🎯 Target Levels & Trade Signals:

1. Target 1 (Bearish Momentum): $0.34000

If the price breaks below the $0.34713 support level, look for further declines toward $0.34000.

2. Target 2 (Neutral Zone/Consolidation): $0.36000

A potential retracement or consolidation phase, where DOGE may stabilize before deciding its next move.

3. Target 3 (Bullish Reversal): $0.37500

If the price breaks above resistance at $0.36000, expect a potential rally towards $0.37500, signaling a possible trend reversal.

📈 Momentum Analysis:

Short-term Trend: Bearish

Continued selling pressure, with lower lows and lower highs.

RSI: Approaching the 30 mark, signaling oversold conditions, which could lead to a potential rebound.

MACD: Currently showing bearish signals, but a reversal could be on the horizon if buying pressure returns.

🔑 Trade Signal:

Sell Signal: Enter short positions if price breaks below $0.34713, targeting $0.34000.

Buy Signal: Consider long positions if price recovers above $0.36000, aiming for $0.37500.

Stop Loss (SL): Place stop loss orders at $0.39831 to manage risk.

📌 Conclusion:

Bearish Bias dominates in the short-term, but a reversal could happen if price pushes above $0.36000.

Stay alert for further price action and adjust your positions accordingly to maximize potential profits!

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