$DOGE Price trend analysis!
DOGE price has now fallen to 0.3062, down 0.93% today.
From the daily chart, the price has been falling from the high point and is now near a moving average called MA99, which has some support, but the other two moving averages MA7 and MA25 are both going down, which means that market sentiment is not very good and everyone is generally not optimistic. In addition, the MACD indicator also shows that the short force is very strong.
Speaking of key price levels, the support levels are 0.3050, 0.2800 and 0.2450. If the price falls below these levels, it may continue to fall.
The pressure levels are 0.3410 and $0.3720. If the price can rise here, it may encounter some resistance.
I personally feel that if the DOGE price cannot hold 0.3050, it may fall all the way to 0.2800. But if it can break through 0.3410, the price may try the price of 0.3720.
Operation suggestions:
If you want to go long:
You can try to buy some when the price is stable near 0.3050, but don't buy too much.
If the price rises to 0.3410 or 0.3720, you can consider selling it and make some difference.
But if the price falls below 0.3000, you have to stop loss quickly.
If you want to go short:
You can try to sell some when the price rises to around 0.3410.
If the price falls to 0.3050 or 0.2800, you can consider closing the position and make some difference.
But if the price rises above 0.3500, you have to admit it, stop loss quickly, don't hold it.
DOGE, in the short term, you have to keep an eye on the position of 0.3050, don't hold a heavy position when operating, wait patiently for opportunities, and don't blindly follow the trend.
For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats. There is no problem with the expected space of more than 10 times. Like + leave a message, and I will lead you to layout the entire bull market!
