DOGE/USDT Intraday Trading Strategy
Current Price: 0.41575 USDT
Period: 1 Day
Low Buy Strategy (Long Position)
Entry Price: 0.400 - 0.405 USDT
Take Profit Price: 0.425 - 0.430 USDT
Stop Loss Price: 0.395 USDT
Strategy Logic:
1. The 4-hour chart shows the price nearing the EMA(99) support zone, with RSI around 40, indicating that the oversold area may support a rebound.
2. Trading volume is gradually decreasing, and bearish strength is weakening, suggesting that the price may rebound in the support area in the short term.
High Sell Strategy (Short Position)
Entry Price: 0.425 - 0.430 USDT
Take Profit Price: 0.405 - 0.400 USDT
Stop Loss Price: 0.435 USDT
Strategy Logic:
1. The daily chart shows that 0.425 - 0.430 is a resistance zone, with the price attempting to break through multiple times without success.
2. The MACD on the daily chart shows signs of downward movement, and after a short-term rebound, it may continue to fall.
Please adjust positions based on real-time market conditions, strictly implement stop losses and take profits, and flexibly respond to market changes!$DOGE