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Richtv_official
Mar 28, 2024 3:27 PM

πŸš€πŸ• DOGE Breakout Trade Setup! πŸ“ˆπŸš€Β Long

Dogecoin / TetherUSBinance

Description

β‹…
πŸ“Š Analysis:

Bullish Momentum: DOGE has shown bullish momentum over the past few weeks.
Current Resistance: Current resistance at $0.20500.
Breakout Opportunity: Look for a breakout above this level for a potential spot long trade.
πŸ“ˆ Trade Plan:

Entry: Enter on the breakout and retest of $0.20500 resistance, with confirmation of a 4HR candle close above.
Take Profit: Targeting profits at $0.32 - $0.35 or higher towards $0.50 - $0.60.
Stop Loss: Place stop loss just below $0.18 to manage risk.
πŸ’‘ Note: Monitor price action closely for confirmation of the breakout and adjust strategy accordingly! Stay alert for any market developments. πŸš¨πŸ“Š #DOGE #BreakoutTrade πŸΎπŸ“ˆ
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