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Recently, the DOGE market has shown some interesting changes. From the 15-minute chart, DOGE is rebounding from the key support area of $0.243. Although it is still in a downward trend in the short term, this trend seems to be slowing down and may rebound towards the resistance range of $0.248 to $0.251.
Currently, the price of DOGE is mainly oscillating between $0.243 and $0.251. Market participants should closely monitor these two key price levels: $0.243 as the support level and $0.251 as the resistance level.
For trading strategies, consider buying near the support level of $0.243, with a target price set between $0.250 and $0.253. However, to control risk, it is advisable to set the stop loss below $0.241. It is worth noting that if the price breaks through the resistance level of $0.251, it may lead to a stronger upward trend.
Overall, DOGE is currently in a critical price range. Although it still faces some downward pressure in the short term, the presence of support provides a basis for a possible rebound. Investors and traders should remain vigilant and closely monitor market movements, especially the performance near key price levels.
The cryptocurrency market is constantly changing, and investors should conduct thorough research and risk assessment before making any trading decisions.