$DOGE

1. Technical Analysis:

- Current Price: 0.32985 USDT

- Timeframe for analysis: 1m-1h-4h-24h

Key technical indicators:

- RSI(6): 25.72 - indicating a strong oversold area

- MACD is giving a short-term reversal signal

- Bollinger Bands are narrowing, volatility decreasing

- Average trading volume in the last 4 hours: ~2.5M DOGE

2. Momentum Analysis:

- In the last 4 hours:

+ Sell volume > Buy volume ~55:45

+ Buy/Sell volume ratio is gradually decreasing

+ Negative CMF and decreasing indicate selling pressure is dominant

- In the last 24 hours:

+ Price has been sideways in the range of 0.31-0.33

+ Trading volume increased as the price tested the support area of 0.315

3. Trading scenarios for the next 4-24 hours:

Scenario 1 (60% probability):

- Price sideways in the range of 0.315-0.33

- Support: 0.315 / Resistance: 0.33

- Confirmation signal: Price bounces up when testing 0.315 with increased volume

Scenario 2 (40% probability):

- Break down below 0.315, target 0.31-0.305

- Confirmation when breaking 0.315 with high volume

4. Recommendation:

NO LONG/SHORT RECOMMENDATION AT THE CURRENT TIME

- Wait for safer entry points:

+ Long when the price successfully tests 0.315 with increased volume

+ Short when the price breaks below 0.315 with a spike in volume

- Good entry points:

+ Long: 0.315-0.317 (SL: 0.31)

+ Short: < 0.315 (SL: 0.32)

5. Note:

- Set tight SL due to potential strong volatility

- Monitor volume to confirm trends

- Do not FOMO into sudden pump/dump movements

- Consider macro news impact