HOW TO MAKE GOOD ENTRIES IN BABYDOGE
1. Entry Levels Based on the Chart
Current Support (0.0038): This level is an interesting buying zone because it is a key support. If the price holds here and shows signs of reversal (such as bullish candles or increased volume), it can be a good entry with limited risk.
Pullback after Breakout: If the price breaks the resistance at 0.0055 with good volume, an entry on a pullback (retest of this level) would be a great opportunity. This would confirm the strength of the buyers.
2. Entry Strategy
Conservative Entry (Less Risk)
Entry Point: Near the support at 0.0038.Stop Loss: Below 0.0035 (to limit losses if the support is lost).Target: First resistance at 0.0055 and, if broken, the next region at 0.007 or higher. Aggressive Entry (Resistance Breakout)
Entry Point: At 0.0055 after the breakout with increasing volume.Stop Loss: At 0.0050, to protect in case the breakout fails.Target: Region between 0.0065 and 0.0075, depending on the strength of the movement.
3. Signals to Watch Before Entry
Volume: A significant increase in volume at the support or breakout zones is crucial to confirm the entry.Reversal Candlesticks: At 0.0038, look for patterns such as a hammer or bullish engulfing, which signal the entry of buyers.Moving Average Movement: Watch for a possible bullish crossover between the MA 7 and MA 25, which reinforces the positive trend.
Entry Summary:
Safe Entry: Near 0.0038 with stop at 0.0035. Entry on Breakout: At 0.0055 with stop at 0.0050.$