DOGE/USDT Analysis - Short-term Trading Strategy

Currently, DOGE is trading at 0.36888 USDT, down 7.69% over the past 24 hours. On the daily chart, DOGE has just experienced a strong increase to a high of 0.43858, and is currently correcting below the 0.37 level.

• Potential buy zone: 0.35 - 0.36. This is a strong support zone recently and is also located near the EMA(9), indicating the ability to hold the price. If DOGE can hold stable in this zone, we can expect a rebound.

• Profit-taking zone: 0.41 - 0.43. This is an important resistance zone as the price once reached a short-term peak at 0.43858 before correcting. If DOGE approaches this zone again, we can consider taking partial profits.

• Stop-loss: Below 0.34. If DOGE falls below this level, the correction could deepen.

Note: Market volatility can be high, so please manage your risk closely and monitor technical indicators.