$DOGE/USDT – Consolidation Phase with Potential Breakout
Entry Zone: $0.376 - $0.382
Targets: $0.385 / $0.39 / $0.398
Stop Loss: Below $0.375
Market Insights: DOGE has been consolidating near $0.38 after a 2.02% decline in the past 24 hours. The chart reveals a bearish trend but with strong 24-hour trading activity of over 1.31 billion DOGE. The price movement suggests potential for a rebound if the $0.376 support holds, with resistance levels to watch at $0.385 and $0.39.
Next Move: Monitor trading volume and ensure the price sustains above $0.382 to confirm bullish momentum. A breakout above $0.385 could signal further upward movement, targeting $0.39 and beyond.
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