๐ $DOGE
/USDT Technical Analysis ๐
๐ Current Price: $0.39001 (+1.40% in the last 24 hours)
The DOGE/USDT pair is showing positive momentum with a +1.40% rise in the past 24 hours. After testing the $0.36464 low, the price has bounced back and is now aiming for higher levels. Letโs dive into the key targets:
๐ฏ Target 1: $0.39668 (24h High)
A break above the recent high of $0.39668 could lead to further bullish action. Weโre watching for a confirmation close above this level to see if DOGE can maintain its upward trajectory.
๐ฏ Target 2: $0.40000
This psychological level is crucial for DOGE to sustain a positive trend. A breakthrough above $0.40000 could trigger increased buying interest, making it a strong level to monitor.
๐ฏ Target 3: $0.42000
If the buying pressure continues, $0.42000 will be the next resistance level to watch. A successful test of this level could confirm a continued bullish run, with potential for further gains.
๐ Key Levels:
Support: $0.36464
Resistance: $0.39668 and $0.40000
24h Volume (DOGE): 4.09B DOGE
24h Volume (USDT): 1.57B USDT
๐ Risk Management: Keep an eye on potential pullbacks to the support levels for better entry points. A failure to hold above $0.36464 could lead to further downside.
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