• The current price of DOGE is $0.40637, overall in a range-bound oscillation, with short-term moving averages flattening, in a critical period for directional choice, and trading volume has decreased compared to the previous period, investor sentiment is cautious.
Key Levels
• The upper resistance at $0.41000 is an important short-term barrier, a breakthrough is expected to lead to a rapid upward movement; the lower support at $0.40000 may face retracement pressure if broken. Additionally, there are resistance levels at $0.41500 and support levels at $0.39500.
Indicator Situation
• RSI is in the neutral zone, the MACD signal shows slight weakness but there is no clear downward momentum, the price may mainly oscillate and consolidate.
Short-term Trading Strategy
• Long Strategy: Entry price $0.41000 (enter after breaking resistance), take profit price $0.41500, stop loss price $0.40700, leverage suggested 3 - 5 times.
• Short Strategy: Entry price $0.39900 (enter after breaking support), take profit price $0.39500, stop loss price $0.40200, leverage suggested 3 - 5 times.
Market Outlook
• DOGE is expected to choose a breakout direction in the short term, stabilizing above $0.41000 may aim for the target of $0.41500; breaking below $0.40000 may further test the $0.39500 support, investors need to flexibly adjust strategies based on market movements.