$DOGE /USDT Bullish Momentum Continues, Watch for Potential Breakout
DOGE/USDT has been steadily rising over the past few hours, showing strong bullish momentum. The price has broken above the 0.33500 resistance level, indicating a potential continuation of the uptrend. The current price is at 0.33583.
Entry:
Consider entering a long position at the current price of 0.33583.
Key Levels:
* Resistance: 0.34000
* Support: 0.33000
Take-Profit Targets:
* T1: 0.34000
* T2: 0.34500
* T3: 0.35000
Stop-Loss:
Set a stop-loss below the recent swing low at 0.32500.
Caution:
* While the current trend is bullish, it's essential to monitor the market closely for any signs of reversal or consolidation.
* Consider using a trailing stop-loss to protect your profits as the price moves higher.
* Always manage your risk by using appropriate position sizing and stop-loss orders.
