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DOGE Short-Term Trading: Can the Rebound Continue? Key Levels Exposed
Current Price: DOGE is currently oscillating around 0.33, having gradually rebounded from the recent low of 0.26, but is still constrained by key moving average resistance.
Moving Average System: MA7 (short-term moving average) is rising, indicating that short-term rebound momentum still exists.
MA30 and MA100 are showing a bearish arrangement, indicating that the long-term trend remains weak.
Trading Volume: The trading volume has not significantly increased, indicating that the current upward momentum is limited.
Support and Resistance: The current support level is at 0.32 (MA7 position), with key resistance at 0.36 (MA30 resistance range).
Opening Position: 0.325-0.33: as a relatively safe opening range, enter when the price retraces to near support.
Moving Average System: MA7 (short-term moving average) is rising, indicating that short-term rebound momentum still exists.
MA30 and MA100 are showing a bearish arrangement, indicating that the long-term trend remains weak.
Trading Volume: The trading volume has not significantly increased, indicating that the current upward momentum is limited.
Support and Resistance: The current support level is at 0.32 (MA7 position), with key resistance at 0.36 (MA30 resistance range).
Opening Position: 0.325-0.33: as a relatively safe opening range, enter when the price retraces to near support.
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#goge
Contract code:
DOGE has risen at this position now. It is currently supported by the lower track of the Bollinger Band at the hourly level. This support position is also relatively strong now, which is a good opportunity.
Enter the market at 0.09626-0.09435 to go long, stop loss at 0.09000, and take profit near 0.10380.
Contract code:
DOGE has risen at this position now. It is currently supported by the lower track of the Bollinger Band at the hourly level. This support position is also relatively strong now, which is a good opportunity.
Enter the market at 0.09626-0.09435 to go long, stop loss at 0.09000, and take profit near 0.10380.