đ¨ $1MBABYDOGE /USDT PRICE ACTION ANALYSIS â CRUCIAL LEVELS FOR LONG AND SHORT TRADES đ¨
The 1MBABYDOGE/USDT chart shows the price trending within a rising channel on the 4-hour time frame, currently testing support at 0.0031621 USDT. With buyers and sellers tugging for control, this is a make-or-break moment.
đĄ Key Levels to Watch:
⢠Support: The current support sits around 0.0031621 USDT. If this level holds, bulls might regain strength for another leg up.
⢠Resistance: The upper channel boundary near 0.0035000 USDT is a critical resistance zone. A breakout here could see the price surge toward 0.0040000 USDT.
đ Short-Term Trade Setup:
⢠Entry: Enter long near 0.0031600 USDT if support holds.
⢠Target: Look for a move toward 0.0035000 USDT.
⢠Stop Loss: Place a stop loss below 0.0031000 USDT to limit risk.
đ Long-Term Trade Setup:
⢠Entry: A breakout above 0.0035000 USDT would open a more extended bullish move.
⢠Target: Potential rally toward 0.0040000 USDT.
⢠Stop Loss: Set a stop loss below 0.0033000 USDT to protect against false breakouts.
â ď¸ Risk of Collapse: If 0.0031600 USDT support breaks, the price could slide down to 0.0030000 USDT or lower. Be cautious with entry levels in this scenario!
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