🚨 $DOGE /USDT ALERT: $0.40981 – Price at a Key Inflection Point! 🚨
$DOGE is down 3.88%, trading near the support level of $0.40030 with significant 24-hour volume of 5.10B DOGE. After a recent high of $0.46357, the market is now testing critical levels.
Key Levels to Watch:
1. Target 1: $0.43236 – Immediate resistance. A breakout above this level could indicate bullish momentum returning.
2. Target 2: $0.46357 – The 24-hour high. A move above this could push DOGE toward new local highs.
3. Target 3: $0.48500 – A psychological resistance level, which could be reached if strong buying pressure resumes.
Support Level:
$0.40030 – A critical support level. A breakdown below this may lead to further declines toward $0.36500.
Trade Setup:
Entry Price: $0.40981
Stop Loss: Below $0.40030 to minimize risk.
Take Profit Targets: $0.43236, $0.46357, $0.48500
⚠️ Note: DOGE is experiencing volatility. Monitor volume and price action for confirmation of breakouts or breakdowns. Tight risk management is key in this market.