DOGE/USDT Analysis

Dec 21, 2024

🚀 DOGE/USDT Analysis 🌟

📉 Support Zone:
We have a strong support zone between 0.25922 and 0.25111. This range represents a key area where buyers are likely to step in and defend the price.

📊 Buying Zone:
The level 0.31236 serves as a buying level. Holding above this level increases the probability of a bullish recovery.

✅ Bullish Confirmation:
The key confirmation level for the upward trend is 0.34477.
💡 A daily candle close above this level 0.34477 will signal a strong breakout, validating the bullish scenario.

🎯 Targets:
1️⃣ First Target: 0.64804 📈
2️⃣ Second Target: 0.84585 💰

🔥 Conclusion:
DOGE is in a critical phase. Watch for a break above 0.34477 to confirm the upward trajectory. Until then, the support at 0.25922–0.25111 and the buying zone at 0.31236 remain crucial levels to monitor.

⚠️ Disclaimer: This is not investment advice. Please conduct your own research and trade responsibly.

📩 For any inquiries or further clarification about this analysis, feel free to contact me privately. 😊

Jan 7

Trade active

✅ The level 0.31236 has proven to be an effective buying level, and the price has successfully maintained stability above it.

✅ Bullish Confirmation Achieved:
DOGE has successfully closed a daily candle above 0.34477, confirming the bullish breakout and paving the way for further upward movement.

🔥 Conclusion:
With the bullish confirmation in place, DOGE is now well-positioned for upward momentum. Monitoring the 0.34477 level as a potential support during any pullbacks will be key. The next targets remain at 0.64804 and 0.84585, as the bullish trend gains traction.