$DOGE $DOGE
DOGE/USDT Analysis
Support and Resistance Levels
- Support Level: The recent low at $0.13209 acts as a support level.
- Resistance Level: The recent high at $0.13554 acts as a resistance level.
Entry Signal
- Entry Point: Considering the current price action and the recent bounce from the support level at $0.13209, an entry point could be around $0.13300 if the price shows signs of upward momentum.
Stop Loss and Take Profit Levels
- Stop Loss: Set a stop loss slightly below the support level, around $0.13150, to minimize potential losses.
- Take Profit: Set a take profit level near the resistance level, around $0.13550, to capitalize on the upward movement.
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