$DOGE to 0.35 -0.37
1. Stop Loss (SL):
• Place the SL below a strong support level to protect against downside risk.
• Based on the chart, a reasonable SL level could be around $0.3073. This level aligns with a recent support zone visible on the 1D and 4H charts.
• Ensure that the SL level accommodates minor volatility without prematurely exiting the trade.
2. Take Profit (TP):
• Look at resistance levels for potential TP targets.
• The first TP target can be set at $0.35, aligning with prior resistance levels.
• A second TP target could be set at $0.375, as this appears to be a historical resistance zone in the recent uptrend.