$DOGE tirding signal 🚨
Based on the DOGE/USDT 15-minute chart:
1. Current Price: DOGE is trading at 0.16677, up by 0.52% over the last 24 hours. The price is close to the MA(7) at 0.16678 and slightly below the MA(25) and MA(99) indicating slight bearishness.
2. Short Trade Entry: Enter short if the price falls below 0.1650, as this would break the 24-hour low (0.16447), indicating further downside.
3. Long Trade Entry: Enter long if the price crosses above 0.1705, surpassing recent resistance levels and the MA(25) line, which may signal a bullish reversal.
4. Stop Loss Levels:
For long trades, set a stop loss at 0.1650 to protect against downward moves.
For short trades, set a stop loss at 0.1705 to avoid potential reversals.
5. Volume Analysis: A recent spike in volume suggests strong activity, indicating that a breakout (up or down) could be imminent.
Please monitor the 15-min MA levels and price action to confirm breakout directions before entering trades.
