$1MBABYDOGE

1MBABYDOGE/USDT current price $0.0037506, 24-hour low $0.0035482, high $0.0039317. From the chart, this cryptocurrency has recently entered a consolidation phase after a rapid rise, and the short-term moving averages are starting to level off, indicating a strong wait-and-see sentiment in the market.

Support levels: $0.0037000 and $0.0035000

Resistance levels: $0.0039000 and $0.0042000

Short-term trading strategies:

• Long position strategy: If the price retraces to around $0.0037000 and does not break below, you can try to open a long position with a light position, targeting $0.0039000 and $0.0042000, with a stop loss set at $0.0036500;

• Short position strategy: If the price rebounds to around $0.0039000 and faces resistance, you can try to open a short position with a light position, targeting $0.0037000, with a stop loss at $0.0039500.

Pay attention to changes in trading volume. If there is a subsequent increase in volume that breaks through the key resistance level of $0.0042000, a new round of upward trend may follow.

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