$DOGE Price Trend Revealed!
Today, the price of $DOGE has fallen to 0.3062, a drop of 0.93%. Looking at the daily chart, the price is sliding down like a slide. Now it has reached a moving average called MA99. Although there is some support here, the other two moving averages MA7 and MA25 are both going down. Obviously, the market sentiment is not good, and everyone is not optimistic. And the MACD indicator also tells us that the short-selling force is very strong.
Let's talk about the key price. The support levels are 0.3050, 0.2800 and 0.2450. If the price breaks these levels, it may continue to fall. The pressure levels are 0.3410 and 0.3720. If the price rises here, it may encounter some trouble.
Personally, I feel that if $DOGE cannot hold 0.3050, it may slide all the way to 0.2800. But if it can break through 0.3410, the price may have to try the hurdle of 0.3720.
Here are some operational suggestions:
If you plan to go long:
When the price stabilizes around 0.3050, you can try to buy some, but don't buy too much at once. If the price rises to 0.3410 or 0.3720, then sell it quickly and make some difference. But if the price falls below 0.3000, you have to stop loss quickly, don't hesitate.
If you plan to go short:
When the price rises to around 0.3410, you can try to sell some. If the price falls to 0.3050 or 0.2800, then consider closing the position and make some difference. But if the price rises above 0.3500, you have to admit defeat, stop loss quickly, don't hold on.
In short, keep an eye on the 0.3050 position in the short term, don't be too heavy when operating, wait patiently for opportunities, and don't follow others blindly.
Ambush potential coins in advance, like + comment, follow my pace, and make a lot of money in this bull market!
