DOGE/USDT intraday trading strategy
Current price: 0.41575 USDT
Period: 1 day
Buy low strategy (long order)
Entry price: 0.400 - 0.405 USDT
Take profit price: 0.425 - 0.430 USDT
Stop loss price: 0.395 USDT
Strategy logic:
1. The 4-hour line shows that the price is close to the EMA (99) support area, and the RSI is around 40, indicating that the oversold area may support a rebound.
2. The trading volume gradually decreases, the short-selling force weakens, and the short-term price is expected to rebound in the support area.
Sell high strategy (short order)
Entry price: 0.425 - 0.430 USDT
Take profit price: 0.405 - 0.400 USDT
Stop loss price: 0.435 USDT
Strategy logic:
1. The daily chart shows that the resistance zone is 0.425 - 0.430, and the price has tried to break through it many times without success.
2. MACD shows downward signs in the daily chart, and it may continue to fall after a short-term rebound.
Please adjust your position according to the real-time market, strictly stop loss and take profit, and respond flexibly to market changes! $DOGE