DOGE breaking 0.4 is more than just a correction! Will the next wave of surge or fall below the bottom line?

Today's trend of DOGE is thrilling! The real-time price is $0.40888, with a large range of fluctuations, reaching a high of $0.46357 and a low of $0.40030. Although the current price is slightly volatile, market sentiment is still high, and the next key outbreak point is coming.

The current support level of DOGE is around $0.400. After breaking through this point, we may see a larger downward trend. But from a technical point of view, the support near $0.4000 is particularly strong, and there is a possibility of a rebound in the short term. If it breaks through the high of $0.46, DOGE may quickly climb to the $0.5 mark, or even higher.

Short-term strategy:

Long strategy: If the DOGE price breaks through $0.46 again, you can try to enter the market and go long in the short term, with the target position looking at the $0.47 to $0.5 area. Stop loss can be set below $0.405 to ensure that the risk is controllable. Short strategy: If DOGE fails to break through $0.46 and the price falls back below $0.405, a short signal will appear. At this time, you can consider shorting, with a target of around $0.40 to $0.38, and a stop loss above $0.46.

DOGE is now at a critical watershed, and the extreme uncertainty of market sentiment makes this currency full of drama. In the short term, if the bulls can successfully break through around $0.46, then we have reason to believe that DOGE will usher in a strong rebound and may directly break through the $0.5 mark. But if the bears dominate again, the price may test the $0.4 support again, or even go further down.

Now is the time to choose your side! Are you ready to follow the rhythm of the market and welcome the next big fluctuation? $DOGE