Dogecoin (DOGE) Short-Term Analysis & Strategy
Current Price: $0.306 (-2%)
Support/Resistance Levels: $0.28 (support), $0.38 (resistance).
Strategy:
1. Range Trading: Buy near $0.29 and sell near $0.38.
2. Trend Confirmation: Enter when price breaks above $0.38 for upward momentum or below $0.28 for a downward trend.
Risk Management:
Use stop-loss at $0.27 to limit losses.
Keep trades small to manage risk effectively.
Stay updated on market trends and news. Always trade cautiously.
