DOGE Surge Signal! Night Market Analysis and Short-Term Strategy, Capture Profits in Fluctuations

DOGE (Dogecoin) current real-time price is $0.47490, market sentiment is slightly volatile, but recent prices have touched the short-term support level and show signs of rebound. Despite the overall market environment being relatively volatile, DOGE still has the potential for short-term trading, especially within the short-term fluctuation range, providing actionable opportunities for T+0 traders.

Technical Analysis and Key Levels:

Support Level: Around $0.4700, if the price retraces to this level and receives support, there is a high possibility of a rebound. Resistance Level: $0.4850, once this level is broken, it may continue to rise to $0.4900, or even higher.

From the 4-hour chart, DOGE price is oscillating within the $0.4700-$0.4850 range, and there may be increased volatility in the short term, especially breaking through or falling back to these two key levels.

Short-Term Contract Strategy:

Long Strategy:

Entry Point: When DOGE price retraces to $0.4700 and stabilizes, it is suitable to consider going long. Stop Loss: $0.4650, to prevent breaking below the support level and control risk. Target: $0.4850, after breaking this point, can further hold until $0.4900. Leverage: It is recommended to use 2-3 times leverage, with significant short-term volatility, using moderate leverage can effectively increase returns while controlling risk.

Short Strategy:

Entry Point: If the price touches $0.4850 but fails to break through and quickly falls back below $0.4800, consider going short. Stop Loss: $0.4900, to prevent further rises. Target: $0.4700, if it breaks below the support level, it may continue to decline to $0.4650. Leverage: Use 2 times leverage, avoid excessive leverage to cope with possible rapid fluctuations.

In the short term, DOGE price has a high probability of receiving support around $0.4700, leading to a rebound, with a target potentially rising to $0.4850, or even challenging $0.4900. However, if the price fails to break through the resistance level of $0.4850 and falls back, there may be downside risk, declining towards the $0.4700 support level. Therefore, both long and short strategies have potential, focusing on the breakthroughs and pullbacks of key price ranges. $DOGE #Dogecoin狗狗币付款作为方式