BTC is draining, and the overall altcoin market is correcting, with DOGE being no exception. Following last week's rapid correction, the overall rebound is relatively weak, and trading volume has been decreasing. It can be seen that the short-term enthusiasm for DOGE has passed, and we need to wait for the next explosive point. Currently, it is consolidating around 0.36-0.42, with a demand for further downward correction to seek support.
Several positions to pay attention to
Support position
First position: 0.389
Second position: 0.371
Third position 0.356-0.342
Resistance position
First position: 0.42
Second position: 0.44
Third position: 0.47
Trading emphasizes following the trend, riding the big waves and resisting the small ones. When the trend comes, just sit on the favorable wind; flexibly change direction when the trend turns to the opposite; fighting against the trend is like a mantis trying to stop a car, disrupting your own mindset and trading rhythm.
At night, with the fluctuations of the US stock market, if there are too big fluctuations, friends remember to take profits diligently and decisively cut losses; holding positions has no meaning.
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Wishing you smooth trading. Thank you!