🚨 $DOGE /USDT ON THE EDGE OF A MAJOR MOVE: TRADING ALERT! 🚨
The DOGE/USDT pair is in a critical consolidation phase, hovering around 0.14481 USDT on the 15-minute chart. After a strong upward push, price action has slowed, now sitting close to support.
💡 Key Support:
📉 0.14400 USDT – A solid support zone. If DOGE stays above this, it could signal strength for another bullish leg. A breakdown could send prices tumbling.
🚧 Resistance to Watch:
🚀 0.14975 USDT – The next major resistance. A breakout here would push DOGE to test the psychological 0.15000 USDT zone, triggering momentum buying.
🎯 Entry Strategy:
• Long Entry: Consider entering around 0.14450 USDT, placing a stop loss just below 0.14350 USDT, targeting a rally toward 0.14900 USDT.
• Short Entry: If DOGE breaks below 0.14400 USDT, short trades can aim for 0.14000 USDT with a stop loss around 0.14550 USDT.
⚠️ Watch for Price Volatility: As DOGE approaches these critical levels, expect sharp moves. Stay vigilant and manage your risk!