$DOGE /USDT on the 15-minute chart is currently trading around 0.17405 USDT, showing signs of potential movement within a narrow range.
With recent resistance noted at 0.17980 USDT and a support level at 0.16810 USDT, the setup suggests a balanced opportunity for a short-term trade. The suggested entry for this trade would be 0.17500 USDT, allowing for a safer position above the consolidation level.
Our target points are set closely to capture small but meaningful gains: TP1 at 0.17600 USDT, TP2 at 0.17750 USDT, and TP3 at the resistance level of 0.17900 USDT.
A stop loss is positioned at 0.16750 USDT, slightly below the support, to manage risk in case of a downside break. This setup is structured to capitalize on DOGE’s current tight trading range, with minimal difference between targets to allow for rapid adjustments if market conditions change.
Keep an eye on this trade, as DOGE could experience a swift shift with any volume increase.
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