#山寨币走势展望
Dogecoin (DOGE)/USDT latest trading strategy
Market Overview
Current price: $0.4065 (up 6.97%)
Resistance:
Short-term: $0.412
Strong: $0.430
Support:
Recent: $0.395
Key support: $0.375
Indicator highlights
RSI (Relative Strength Index):
Current value: 67 (close to the overbought area, which may trigger profit-taking)
ADX (Average Directional Index):
Current value: 19.5 (showing weak momentum, may consolidate before taking action)
Trading volume:
Moderate, at 53.9 million, supporting the current trend
Trading strategy
Short-term (intraday or 1-2 days):
Entry: If the $0.395 support is valid, you can buy near this.
Targets:
First target: $0.412
Next target: $0.430
Stop loss: Set at $0.390 to reduce risk.
Medium term (1-4 weeks):
Entry: If $0.412 is broken and the volume continues to increase, you can consider entering the market.
Targets:
Initial target: $0.430
Extended target: $0.450
Stop loss: Set below $0.395 to protect profits.
Action plan
Watch RSI: If it exceeds 70 and enters the overbought zone, it may indicate a reversal.
Volume confirmation: The volume needs to increase when breaking through to support the market.
Set alerts: Set alerts at $0.412 (resistance) and $0.395 (support) to pay attention to key changes.
Stay disciplined, strictly implement stop losses, and effectively manage risks.
In the cryptocurrency circle, if you don’t have a good circle and first-hand information about the cryptocurrency circle, then I suggest you follow me and I will help you get ashore for free. You are welcome to join the team!!!
