$DOGE /USDT Analysis (4H Chart)
Market Trend: Currently bearish, marked by a sharp decline after reaching a peak of $0.46357, with price dipping below the MA(7) and hovering near MA(99) support.
Short Trade:
Entry: Below $0.40900
Target: $0.39600
Stop Loss: $0.41800
Long Trade:
Entry: Above $0.43250 (breakout)
Target: $0.45500
Stop Loss: $0.42400
Pattern Outlook: This resembles a retracement within an uptrend. If price holds above MA(99), a bullish reversal is likely. Otherwise, breaking MA(99) could signal further bearish moves toward $0.38000.
#BitcoinETFOptions #MEMEalpha #AltcoinNextMove #EyesOnBTC #BTC97KNewATH