After DOGE's slump, is there a chance for an explosion?
Bears are dominant; when will the bottom rally?
Decisive action, a short-term opportunity not to be missed!
Market Analysis
The current price is in a phase of fluctuating downward trends, with the bears slightly stronger, but there is strong support below, indicating a potential rebound in the short term. Market sentiment is cautious; it is advisable to operate steadily and closely monitor price changes.
Support and Resistance Levels
Support Levels
1. $0.315
2. $0.305
3. $0.295
Resistance Levels
1. $0.325
2. $0.335
3. $0.345
Short-term Trading Strategy
Long Position Strategy
• Entry Point $0.315
• Add Position Point $0.305
• Stop Loss Point $0.294
• Take Profit Targets
1. $0.325
2. $0.335
3. $0.345
Short Position Strategy
• Entry Point $0.325
• Add Position Point $0.335
• Stop Loss Point $0.346
• Take Profit Targets
1. $0.315
2. $0.305
3. $0.295
My Prediction
In the short term, a slight rebound to the resistance level is possible; I recommend paying attention to long position opportunities, but do not blindly chase highs.
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