DOGE: The downward trend continues, with opportunities and risks coexisting!
Market Analysis
DOGE is currently showing a clear downward trend, with bears dominating. Bulls attempt to counterattack but have failed to form effective support, and market sentiment is leaning towards caution.
Support and Resistance Levels
• Support Levels: $0.34, $0.33, $0.32
• Resistance Levels: $0.36, $0.37, $0.39
Short-term Trading Strategies
Long Strategy (Bullish):
• Entry Point: $0.345
• Add Position Point: $0.34
• Stop Loss Point: $0.319
• Take Profit Targets: $0.36, $0.37, $0.39
Short Strategy (Bearish):
• Entry Point: $0.36
• Add Position Point: $0.37
• Stop Loss Point: $0.391
• Take Profit Targets: $0.345, $0.34, $0.33
My Prediction
The current market is bearish, and DOGE may continue to test support levels. It is recommended to focus on short positions and watch if $0.36 becomes a key resistance.
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