$DOGE Updated DOGE/USDT Trading Analysis
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š Market Overview:
Price: 0.43427 USDT
24H Change: -5.77%
24H High/Low: 0.47950 / 0.41400
24H Volume:
DOGE: 6.61B
USDT: 2.95B
š¹ Money Flow Analysis:
Buy Orders: 6,273.19M DOGE
Large: 2,673.79M DOGE
Medium: 2,545.07M DOGE
Small: 1,054.33M DOGE
Sell Orders: 6,969.08M DOGE
Net Outflow: -695.89M DOGE
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š Technical Indicators:
1. SuperTrend: Neutral, price near support at 0.43241.
2. Stochastic RSI: Neutral at 42.50, room for movement.
3. ADX: Weak trend at 22.47, showing low momentum.
4. RSI: Neutral at 47.59, indicating consolidation.
5. MACD: Slightly bearish with negative momentum at -0.00182.
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š Key Levels:
Resistance:
0.4400: Immediate resistance.
0.4500: Strong resistance level for breakout.
Support:
0.4320: Immediate support.
0.4250: Major demand zone.
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š Trading Strategy
š Long Setup (Bullish Plan):
When to Enter:
Look for a š¢ Bullish Engulfing or šÆļø Hammer near 0.4320.
Entry: Above 0.4350 after confirmation.
Targets: 1ļøā£ 0.4400
2ļøā£ 0.4500
Stop Loss: Below 0.4300.
š Short Setup (Bearish Plan):
When to Enter:
Look for a š“ Bearish Engulfing or šÆļø Shooting Star near 0.4400.
Entry: Below 0.4300 after confirmation.
Targets: 1ļøā£ 0.4250
2ļøā£ 0.4200
Stop Loss: Above 0.4400.
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š Key Confirmation Checklist:
1. Volume: High buy inflows above 0.4350 for bullish momentum.
2. RSI: A rise above 50 confirms upward movement.
3. Candlestick Patterns: Look for reversal patterns at key levels.
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š¢ Set Alerts:
Above 0.4350: For potential bullish breakout.
Below 0.4300: For bearish breakdown risk.
Maintain disciplined risk management, keeping trades within 1ā2% of capital. Let me know if you'd like additional updates!