The price plunge of 83684055899 revealed!
#狗狗币🐶买起来 Friends, today the price of DOGE has fallen again, sliding down to 0.3062, a drop of 0.93%. This trend is like sliding down a slide in one swift motion.
Let's take a look at the daily chart; this price has been continuously declining and has now reached a moving average called MA99. Although this moving average seems to want to support the price, the other two moving averages, MA7 and MA25, are pointing downwards, indicating that everyone is not optimistic about this price. Moreover, the MACD indicator also shows that the bearish forces are quite strong.
Now, let's discuss the key price levels. If the price breaks below the support levels of 0.3050, 0.2800, and 0.2450, it may continue to decline. However, if the price can rise to the resistance levels of 0.3410 and 0.3720, it may encounter some obstacles.
Personally, I feel that if
$DOGE cannot hold above 0.3050, it may drop all the way down to 0.2800. But if the price can break through 0.3410, it may need to test the challenge of 0.3720.
Here comes the trading advice:
If you plan to buy long:
Wait until the price stabilizes around 0.3050, then try to buy a little, but don’t buy too much at once; take it easy. If the price rises to 0.3410 or 0.3720, then sell quickly to take some profit. But if the price breaks below 0.3000, then you must stop loss immediately; don’t hesitate, and don’t let yourself lose too much.
If you plan to sell short:
Wait until the price rises to around 0.3410, then try to sell a little. If the price drops to 0.3050 or 0.2800, consider closing your position to take some profit. But if the price breaks above 0.3500, then you must admit defeat and stop loss quickly; don’t hold on stubbornly and don’t let your losses increase.
In summary, we need to keep an eye on the 0.3050 position in the short term. When trading, don’t go all in at once; be patient and wait for opportunities, and don’t follow the crowd blindly. Be rational and don’t let emotions cloud your judgment.
For the upcoming layout direction, I will guide everyone to aim for the profitable opportunities in altcoins, especially those with great potential projects, with an expected growth of over ten times possible. If you want to make big money in the bull market, like + comment, and I’ll take you through the entire bull market layout.