DOGE/USDT Trading Strategy
1. Current Price: 0.39170 USDT
2. Period: 5 days
3. Trading Direction: Short
Technical Analysis and Strategy Logic:
Daily RSI(6) is 36.88, below the midpoint 50, but has not reached the oversold area, indicating a weak downward trend.
3-day MA(5) is turning down, approaching MA(10) to form a death cross, signaling increased short-term price pressure.
Weekly MACD green bars are starting to appear, indicating that bearish strength is increasing.
Monthly RSI(6) is 79.28, still in the overbought area, combined with the K-line top volume, may form a price pullback.
Trading Strategy:
Entry Price: 0.39000 USDT
Take Profit Price: 0.34000 USDT
Stop Loss Price: 0.41000 USDT
Position: 15%
Leverage: 2x leverage
Strategy Logic:
Current multi-timeframe indicators show that DOGE is facing pullback pressure, and the price may further decline in the short term, with risk control being key in strict stop-loss execution.
Click the trading pair below to trade. $BTC