Technical Analysis for $DOGE /USDT:

Current Price: $0.31105

24h High: $0.32326

24h Low: $0.30666

Support Level: $0.30666

Resistance Level: $0.32326

Key Indicators:

1. RSI (Relative Strength Index): 40 (indicating neutral to slightly oversold conditions)

2. MACD (Moving Average Convergence Divergence): Bearish crossover with a decreasing momentum

3. Volume: Decreasing volume in recent hours, signaling a potential slowdown in price movement

4. Trend: Downward trend for the last 24 hours with a slight bearish bias

Trade Signal:

Entry: Buy if price holds above $0.31000, as it may bounce back toward resistance.

Target Levels 🎯:

1. Target 1: $0.31650 – Short-term resistance level, minor bounce.

2. Target 2: $0.32000 – Major resistance level, if the trend shifts.

3. Target 3: $0.32300 – 24h High; if a breakout occurs, expect to test this level.

Stop Loss:

Place stop loss below $0.30600 to protect from further downside.

Trade Momentum:

Bearish Momentum: Short-term bearish pressure as the price has been decreasing.

Potential Reversal: Look for confirmation at $0.31000 for a possible upward move.

#SolvProtocolMegadrop #BTCBelow92K #BinanceAlphaAlert #BTCMiningPeak