$DOGE /USDT – Breaking Out with Strong Momentum..
$DOGE is trading at $0.3400, up by an impressive 6.70% in the last session. The 15-minute chart highlights a sharp breakout from the $0.3306 level, with DOGE hitting a 24-hour high of $0.3405. The surge in buying pressure indicates strong market interest, setting the stage for further gains if resistance levels are cleared.
Key Levels to Watch
Resistance: $0.3420 - $0.3450
Support: $0.3350 - $0.3300
A breakout above $0.3420 could push $DOGE toward $0.3500, offering excellent short-term trading opportunities. A pullback to $0.3350 may provide a chance for re-entry.
Trade Setup
Entry Point: Around $0.3400
Profit Targets:
Target 1: $0.3420
Target 2: $0.3500
Stop-Loss: $0.3300
Traders should monitor price action at $0.3420 for confirmation of a breakout or potential rejection. Lock in partial profits at each target and trail stop-losses to secure gains. This bullish momentum presents a great opportunity for short-term profits.