$DOGE Dogecoin Morning Analysis

Recently, this coin has shown overall weakness. Last week, it spiked to 0.26 and was nearly halved. Compared to other coins, it's still relatively better. I bought in at 0.285 last week. Now, with the market fluctuating up and down, contracts are prone to liquidation.

The oscillation range has dropped from 0.36-0.48 to between 0.3-0.34. Last week, I analyzed and mentioned that if we were to buy the dip, what constitutes a bottom? I feel that it is still not considered a bottom by the big players, and it will continue to drop. The support levels below are 0.3 and 0.26. Unless something particularly important happens, this support level of 0.26 is unlikely to be breached in the short term. Everyone can pay attention to around 0.3. If it breaks below, it is likely to pull back to around 0.28. The current oscillation within the box is still at a low level. Looking at the 4-hour chart, it hasn't consolidated yet. It is very likely to oscillate around 0.305 for a while. You can set up a position and go long.

Trading Suggestion: Look to go long around 0.3-0.305, with a stop loss at 0.29 and a target of 0.33.

Without further ado, brothers, fasten your seatbelts and let's go!