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$DOGE/USDT Trading Signal - Testing Key
Support Levels!
The $DOGE/USDT pair is experiencing downward pressure, trading at $0.34405, a -4.60% dip over the past 24 hours. Here's the current market outlook and potential trading opportunities:
Entry Range
Short Entry: $0.350 $0.360 (if price retests resistance).
Long Entry: $0.338 - $0.340 (if price holds support).
Profit Targets
Short Targets:
Target 1: $0.330
Target 2: $0.320
Long Targets:
Target 1: $0.355
Target 2: $0.365
Stop Loss
For Short: Above $0.370
For Long: Below $0.330
Trend: Sideways with a bearish tilt; watch for confirmation at support zones.
Observation:
The price is consolidating near critical support levels. A breakdown below $0.338 could trigger further selling, while a bounce from this area could lead to a recovery toward resistance at $0.360. Pay attention to volume spikes for confirmation.
Pro Tip: Be cautious near $0.338. Breakouts or breakdowns at this level can offer high momentum trading opportunities. Adjust stop-losses dyna' to protect profits.
#CryptoTrading #BitcoinReserve #DOGEUSDT #$BTC Breaks Historical High