🔔 DOGE 🐶 SIGNAL 🎯
▫️Comprehensive Analysis for DOGE/USDT
Technical Analysis
1. First Chart (Technical Indicators):
• Current Price: 0.12412 USDT
• Volume SMA: 170.772M
• Cumulative Volume Delta (CVD): -101.505B
• Funding Rates: 0.0064
• Open Interest: 1.272B
• Aggregated Futures Orderbook Liquidity: 15.466M
2. Second Chart (Candlestick Analysis and Technical Levels):
• Current Resistance: 0.17462 USDT
• Current Support: 0.10689 USDT
• Stochastic RSI: Indicates the asset is in the oversold region.
• Buy Signal from Synett Indicator: Suggests a buying opportunity.
▫️Conclusion:
Based on the technical analysis, DOGE is in an oversold region, which may indicate a potential rebound. There is strong support at the 0.10689 USDT level, making it a good entry point.
▫️Proposed Trade:
Entry, Exit, and Stop Loss Points:
1. Entry Point: 0.12000 USDT (close to the current support level)
2. Stop Loss: 0.10000 USDT (slightly below the support level to protect capital)
3. Target Prices:
• First Target: 0.15000 USDT
• Second Target: 0.17462 USDT (current resistance)
• Third Target: 0.22758 USDT (higher potential level based on technical analysis)
▫️Trading Strategy:
1. Enter at 0.12000 USDT while monitoring price movement and trading volume.
2. Set a stop loss at 0.10000 USDT to minimize potential losses.
3. Take profits in stages:
• 50% of the position at 0.15000 USDT.
• 30% of the position at 0.17462 USDT.
• 20% of the position at 0.22758 USDT.
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