Technical Analysis for Dogecoin (DOGE/USDT) – Daily Chart

🔍 Current Price Action:

Current Price: 0.19892 USDT

The price is reacting positively from a key support zone (highlighted with circles), indicating a strong bounce and potential for upward continuation.

📈 Target Resistance Levels:

0.20302 USDT – First short-term resistance, may be tested soon.

0.23355 USDT – Intermediate resistance; a key breakout level.

0.26690 USDT – Major resistance; target if momentum remains strong.

🧠 Technical Insights:

Pattern Observation: A double bottom-type reaction from support suggests bullish reversal.

Projected Gray Candles: Show a potential bullish scenario toward the next resistances.

Trend Outlook: Bullish bias remains as long as the price holds above the 0.185 area.

✅ Strategy Suggestion:

Entry Zone: Between 0.195 – 0.200 USDT (after confirmation of support hold)

Take Profits:

Target 1: 0.203

Target 2: 0.233

Target 3: 0.266

Stop Loss: Below 0.180 (to protect against failed support)

📌 Summary:
A strong bounce from a confirmed support zone gives DOGE potential for a continued rally toward 0.23–0.26 if the current momentum is maintained.