Dogecoin Morning Analysis

When I started paying attention to Dogecoin, it was around 0.38, and at that time, the small resistance for going long was 0.42. It has now broken through that level. Overall, the market trend for Saturday and Sunday was leaning upwards, with the highest point on November 23 reaching 0.48, then a waterfall-like drop back to around 0.414, which is about 7000 points difference. This time, Dogecoin has been slowly rising, and the bulls are relatively optimistic. Looking at the upward trend line, there will be some fluctuations. It has now reached the peak with one bullish candle and one bearish candle, with a resistance level at 0.46. Personally, I feel it will fluctuate down to around 0.44, with a profit space of a thousand points in between. Without further ado, let’s start setting up for everyone.

Short at 0.46

Stop Loss at 0.465

Take Profit at 0.440

Personal suggestions are for reference only, experienced traders, buckle up and let's go fast. $DOGE