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Entry and Exit Strategy ⚠️ $DOGE FOr The Next 24 Hours

1. Entry Buy:

Consider entering a buy position if the price remains above $0.38 (support level). Confirmation of continued upward momentum could be seen if the price breaks above the recent high of $0.416.

Alternatively, if the price retraces to the 7-day moving average (around $0.38) and shows signs of support, that could be a safer entry point.

2. Entry Sell:

For a short-term sell position, consider entering if the price fails to break above $0.416 and shows bearish candles, or if RSI crosses above 70 and begins to reverse.

Another signal for a potential sell entry would be if the price drops below the 7-day moving average, indicating a potential trend reversal.

Stop Loss

1. For Buy Position:

Set a stop loss around $0.34, just below the recent support level and 25-day moving average, to protect against a sudden bearish move.

2. For Sell Position:

Set a stop loss above $0.416 to limit losses if the price moves higher than the recent high.

Take Profit

1. For Buy Position:

Consider taking profit near $0.416 and, if bullish momentum continues, gradually raise the stop loss to lock in profits.

2. For Sell Position:

Consider taking profit around $0.34, where the 25-day moving average might act as support.

Summary

Buy Entry: Above $0.38 with a target near $0.416.

Sell Entry: Below $0.38 or if resistance at $0.416 holds.

Stop Loss: Around $0.34 (for buy) and above $0.416 (for sell).

This analysis assumes no major market changes, so keep an eye on volume and other indicators for any significant shifts.