BTC is bleeding, altcoins are overall correcting, and DOGE is no exception. Following last week's rapid correction, the overall rebound is relatively weak, and the trading volume has been shrinking. It can be seen that the short-term enthusiasm for DOGE has passed, and we need to wait for the next explosive point. Currently, it is consolidating around 0.36-0.42, with a continued demand for downward correction to find support.
Several positions that need attention
Support position
First position: 0.389
Second position: 0.371
Third position 0.356-0.342
Resistance position
First position: 0.42
Second position: 0.44
Third position: 0.47
Trading requires following the trend; go with the big and against the small. When a trend comes, get on the bandwagon; be flexible to change direction when the trend turns against you. Fighting against the trend is like a mantis trying to stop a car, disrupting your mindset and trading rhythm.
At night, with the fluctuations of the US stock market, if there are too large fluctuations, friends remember to take profits frequently and decisively cut losses; holding positions is meaningless.
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Wishing you smooth trading. Thank you!