š„š$DOGE /USDT Analysis: Price Stabilizing After Drop
š” Analysis
DOGE/USDT is currently trading at 0.36494 š, down by 5.97% in the last 24 hours. A recent 24H low at 0.34036 highlighted strong support, while resistance was tested near 0.39032. The price is stabilizing near its average level (0.36493), showing signs of potential consolidation š.
šØ Signals
Support Zone: 0.34036 š
Resistance Level: 0.39032 š
Next Target: 0.37500 š
Trend: Bearish short-term, with potential for recovery near support š”
š Trading Strategy
Consider entering near the support zone of 0.34036 for a short-term target of 0.37500. Manage risk with a stop-loss below 0.33500 šØ. Secure partial profits near 0.37500 and monitor for a breakout above 0.39032 to signal a bullish reversal š”.
Let me know if you need additional insights or custom strategies! šš
