Analyzing the DOGE/USDT chart 📈 📉 #doge⚡ $DOGE

### Long Position

1. **Entry Point**: Look for a breakout above the resistance at **0.4185**.

2. **Take Profit (TP)**:

- Primary target around **0.4250**.

- Secondary target around **0.4350** if momentum is strong.

3. **Stop Loss (SL)**: Place at **0.4050** to minimize losses in case of a downside move.

4. **Trade Duration**: Short-term trade, around **2–4 hours**, depending on momentum.

5. **Plan A (If signals are positive)**: Continue holding until TP is reached or signs of reversal appear on high-volume red candles.

6. **Plan B (If momentum weakens near entry)**: Tighten the stop to **0.4100** to protect profits.

7. **Plan C (If trade moves against you)**: Exit around **0.4050** if the price doesn’t hold support.

8. **Plan D (Re-entry after stop)**: Re-enter if price reclaims **0.4185** with confirmation from volume and MACD cross.

### Short Position

1. **Entry Point**: Look for a rejection near the **0.4150–0.4185** resistance area.

2. **Take Profit (TP)**:

- Primary target around **0.4050**.

- Secondary target around **0.4000** if sell pressure increases.

3. **Stop Loss (SL)**: Set at **0.4200** above the recent resistance.

4. **Trade Duration**: Short-term, around **1–3 hours** depending on strength of the downside.

5. **Plan A (If price weakens quickly)**: Hold until TP is reached.

6. **Plan B (If support holds around entry)**: Exit half the position to lock in profits, and trail the rest with a tight SL.

7. **Plan C (If trade moves against you)**: Close at **0.4200** if price breaks above resistance.

8. **Plan D (Re-entry after stop)**: Re-enter short if the price fails again at **0.4150** with high selling volume.

This setup uses MACD and moving averages, and volatility should be monitored closely for potential adjustments. #WillBTCBreak100KSoon