Cryptocurrency Trading Signal Alert for 1#MBABYDOGE #BinanceHODLerMOVE /USDT (4-hour Chart)
Overview: 1MBABYDOGE/USDT is exhibiting strong upward momentum, with the price surging by +40.92% in the last 24 hours. The price broke through multiple resistance levels and hit a 24-hour high of 0.0062000, indicating a potential bullish trend continuation. However, caution is advised due to potential volatility at these levels.
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Current Price: 0.0057813 USDT
Entry Price for Long Trades: 0.0056000 USDT
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Critical Levels:
Resistance Levels:
R1: 0.0062000 (recent high)
R2: 0.0065000
R3: 0.0070000
Support Levels:
S1: 0.0054000 (previous consolidation zone)
S2: 0.0048000 (key moving average support)
S3: 0.0041260 (24-hour low)
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Take-Profit Targets:
1. TP1: 0.0060000 (minor psychological level)
2. TP2: 0.0065000
3. TP3: 0.0070000
Stop Loss Level: 0.0052000 USDT (below recent support and moving averages)
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Cautionary Note:
Monitor the 4-hour candle closes for stability above 0.0056000 to confirm bullish continuation.
Look out for high volatility around the resistance zone at 0.0062000—a breakout above this level could drive rapid price movement.
Traders should manage risk carefully as the current rally may attract profit-taking at higher levels.
Disclaimer: This is not financial advice. Please do your own research and trade responsibly.