🚨 $DOGE /USDT Under Pressure – Will It Find Support? 🚨

Dogecoin's price has seen a sharp pullback, currently trading around 0.35569, marking a significant 9.54% drop in the past 24 hours. Here’s a quick breakdown of what to watch next:

Key Price Levels to Monitor:

1. First Target (Resistance): 0.37239 – A recovery above this level could signal renewed bullish momentum.

2. Second Target: 0.38637 – Previous support now acting as resistance; reclaiming this could indicate strength.

3. Third Target: 0.43858 – The recent high, achievable if bullish sentiment kicks back in.

Support & Stop-Loss:

Immediate Support Level: 0.34006 – Critical for holding current levels.

Stop-Loss: Set below 0.33000 to manage downside risk if the trend continues downward.

Market Insight:

The current downtrend suggests caution, but potential bounce levels provide opportunities for both short and long trades. Traders should stay vigilant and watch for signs of reversal.

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