$DOGE

Based on the attached chart for the DOGE/USDT pair on the 4-hour timeframe, we observe that the price is currently trading in a pivotal area above the main moving averages, with an attempt to break through nearby resistance levels.
Here is the proposed technical analysis:
Current Technical Outlook:
Moving Averages: The price is trading above the (EMA 25, 90, 200) moving averages, indicating positive momentum in the medium term, especially with the price stabilizing above the 0.09359 (EMA 200) level.
RSI Indicator: Shows relative strength at levels (55-65), which is a positive zone supporting continued upward movement as long as it remains above the 50 level.
MACD Indicator: We notice a positive crossover and the beginning of green bars forming above the zero line, reinforcing the likelihood of an upward price breakout.
Proposed Trading Recommendation:
1. Entry Point (Entry):
Current entry: suitable between 0.09360 and 0.09370.
Confirmation entry: if the nearby resistance at 0.09460 is broken and remains above it.
2. Targets (Take Profit):
First target: 0.09570 (Clear SRL resistance level on the chart).
Second target: 0.09670 (Previous high recorded on the chart).
Third target: 0.10000 (Psychological and historical resistance level).
3. Stop Loss (Stop Loss):
Place the stop loss below the strong support area and moving averages, specifically at 0.09180.
Note: Breaking the 0.09200 level with a 4-hour candle invalidates the current bullish scenario.
Additional Advice:
The asset is currently in a accumulation zone; a clear breakout above 0.09400 could lead to a rapid move toward the targets. Always ensure proper risk management and avoid risking your entire capital on a single trade.