Technical analysis by Xeeshan79 about Symbol DOGE: Buy recommendation (12/13/2024)

This chart outlines a DOGE/USD trade setup on a 30-minute timeframe. The entry point is at $0.4075, with a stop-loss (SL) set at $0.3951 to limit risk. The trade includes two target levels: the first target (T1) at $0.4181 and the second target (T2) at $0.4340, both marked with green lines. The setup focuses on breaking key resistance (red line) and moving toward higher profit zones. This strategy combines risk management with a favorable risk-to-reward ratio, offering opportunities to maximize gains while controlling potential losses.