Hey friends! It's time to go long on DOGS! The current value is hovering between 0.0063 and 0.0067. I'm planning to exit between 0.0075 and 0.0077.
Reasons for this trade:
BTC's stability (for now) is quite complicated
Multiple events unfolding
My strategy:
Enter long at 0.0063 to 0.0067
Target: 0.0075-0.0077
Stop-loss: 0.0060
Timeframe: Short-term trade 5 to 15 miniutes
Note: If you're buying spot, keep it simple no need to set Sl too near. But for futures, set stop-losses - it's like wearing a seatbelt!
DOGS' technical analysis:
RSI: 45 (neutral/oversold)
MACD: Crossover imminent
Support: 0.0060-0.0063
Resistance: 0.0070-0.0078
Volume: Increasing buying pressure
Market sentiment: Cautiously optimistic
Remember, trading carries risks. Set stop-losses and trade responsibly.
#dogs #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR #Write2Earn! #moonbix