🚨$DOGE /USDT Technical Analysis🚨

📊The current price of Dogecoin is $0.19457, showing a significant 15.64% increase in the past 24 hours. The 24-hour trading volume for DOGE stands at 9.41B, indicating high market activity.

⚡Technical Outlook:

📉Short-Term (1-hour chart): The 5-minute chart shows a strong bullish trend with a potential upward continuation.

📈Long-Term (Daily chart): The daily chart reveals a bullish momentum with a potential for further upside movement.

📊Trading Strategy:

📈Long Entry: Consider a long position at the current price ($0.19457) with a stop-loss at $0.16530 (the 24-hour low).

📉Short Entry: A short position could be taken at the 24-hour high of $0.21936 with a stop-loss at $0.2418 (a conservative estimate).

📝⚡Note: This analysis is based on the current market conditions and technical indicators. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

⚠️Disclaimer: This post is for informational purposes only and does not constitute financial advice.

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