Overall trend
The recent price of DOGE quickly retraced from a high of about 0.3986 USDT to around 0.3200 USDT, showing a clear downward oscillation trend. The current price is attempting to stabilize and slightly rebound, with a weak short-term trend, but showing some signs of rebound.

  1. Moving average system

    • EMA short-term line (7-day, 30-day): The price is currently running near the EMA7 line (0.3284 USDT), attempting to break through this key position. If it can stabilize at the EMA7 line, it may further test the EMA30 line (0.3492 USDT).

    • MA lines (5-day, 10-day): Short-term moving averages are in a sticky state, with prices attempting to break through from below MA5 and MA10, but still in a relatively low position.

  2. Bollinger Bands

    • The opening of the Bollinger Bands has slightly narrowed, indicating that volatility has weakened. The price is currently running between the lower band (about 0.3100 USDT) and the middle band (about 0.3319 USDT).

    • The middle band (about 0.3319 USDT) is the main resistance level for short-term rebounds.

  3. Volume and other technical signals

    • The volume shows a certain increase during the decline process, but the volume has not significantly increased during the rebound phase, indicating that the rebound strength is relatively limited.

    • RSI is close to the 30-40 area, just out of the oversold zone, indicating that the rebound space may be limited.

Operational suggestions

First take profit position (TP1): 0.3310 USDT
If the current price can stabilize at the EMA7 line (0.3284 USDT), the target will first test the middle Bollinger Band (0.3319 USDT) area, and the short-term oscillating upward target is relatively reasonable.

Second take profit position (TP2): 0.3490 USDT
If the bullish momentum in the market continues to strengthen, it may further challenge the EMA30 moving average position (0.3492 USDT). In this area, profits can be taken in batches.

Stop loss position (SL): 0.3100 USDT
Considering that the lower support at 0.3100 USDT is the lower Bollinger Band, once effectively broken, it may further test the 0.3000 USDT area, and timely stop loss is needed.

Today's strategy

  • Short-term strategy: Currently, the market shows no significant signs of stabilization in the fluctuation, it is recommended to take a light position for tentative long positions, taking profits in batches at highs, and strictly controlling risks.

  • Entry suggestion: You can take a light long position in the range of 0.3220-0.3250 USDT, observing whether the price effectively breaks through 0.3280-0.3310 USDT.

  • Key point observation:

    • 0.3284 USDT (EMA7): Short-term key support level, if stabilized, is expected to further rebound.

    • 0.3490 USDT (EMA30): Main target for rebound.

    • Volume changes are an important signal for judging the strength of rebounds.

DOGE is currently in a phase of oscillation adjustment, with a possibility of short-term rebound, but the strength may be limited, and the expected fluctuation range is around 200-300 points. Market sentiment is cautious, and operations are mainly based on 'buy low and sell high', with strict stop losses to avoid chasing highs.

Direction: Oscillating slightly bullish, cautiously bullish.

#DOGE #加密市场回调 #美国非农数据即将公布 #市场调整策略 #特朗普上台概念币有哪些？ $DOGE $ETH $BNB