🚀 $DOGE /USDT Technical Analysis & Targets 🎯🎯🎯🚀🚀
Current Price: $0.31601
24h High: $0.34308
24h Low: $0.30552
Volume: 3.02B DOGE | 975.70M USDT
🔍 Analysis:
After a sharp 7.29% drop, DOGE/USDT is showing signs of consolidation around the $0.31 level. The recent sell-off has triggered a potential short-term support at $0.30552. Buyers might look for a bounce around this level to target higher resistance zones.
🔮 Key Targets:
1️⃣ $0.320 - Immediate resistance; a breakout here could signal a bullish reversal.
2️⃣ $0.335 - Mid-term target, based on the 4-hour chart's Fibonacci retracement levels.
3️⃣ $0.350 - Major resistance; a strong move above this could confirm a more sustained upward trend.
📊 Risk Management:
Stop Loss: Below $0.305
Target Profit: $0.350
Keep an eye on volume and price action for confirmation before making any moves. Stay updated, and trade wisely! 💡
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