Market Analysis of DOGEUSDT on Wednesday 4 DECEMBER 2024

2024-12-04 17:20Fonte:BtcDana

DOGEUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


DOGEUSDT running in positive trend and its immediate strong support are 0.3860 to 0.3990 level .  Stop loss is 0.3650 level and it can rise towards 0.4806 level   . Intraday purpose buying is better for targets 0.4250, 0.4300 and 0.4400 levels respectively with stop loss 0.3650 level.Double zigzag correction already completed so it can sharply hit 0.4806 target in very short term with stop loss 0.3650 level .


QUICK FUNDAMENTAL LOOK                                                                    


Dogecoin has been navigating a period of choppy price action, with little opportunity for strategic buys and no decisive breakouts to guide traders. Despite this uncertainty, key data from Santiment provides a glimmer of hope for Dogecoin enthusiasts.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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