Quick analysis $DOGE /USDT (19:45 - 15/11/2024 - VN):

➤ Resistance: 0.38163 - The price touches this level and shows signs of correction, this is the zone that needs to break to continue increasing.

➤ Support: 0.35327 - This is the nearest support zone, if the price falls here, you can consider buying.

➤ Trend: The short MA (7 and 25) is below the long MA (99), showing a slight downtrend but with signs of accumulation.

Trading strategy:

➤ Buy: If the price stays above 0.3700, this could be a good zone to catch the uptrend when the price shows signs of accumulation.

➤ Take profit: Set target at 0.38163, if broken it can go up to 0.4000.

➤ Stop loss: Set below 0.35327 to minimize risk if price drops sharply

Note: Monitor trading volume, if it increases suddenly with price, this can be a signal for a strong uptrend.

Every day, Cripto will post similar analysis with different coins. Follow CRIPTO (@caocaoo2211 ) to update technical indicators or interesting information about crypto!

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Note: The crypto market is highly volatile, and relying on technical analysis does not guarantee results. Please consider and make decisions based on your risk tolerance.