Dogecoin breaking news! Major events are about to happen!
Urgent notice: When Dogecoin is at $0.32292, a short position of $6.1242K was forcibly closed. This means that investors who are shorting Dogecoin must sell quickly, or they will face significant losses. Could this be a reversal signal for Dogecoin? Let's dive deep and see what major events will unfold next!
What happened to Dogecoin? Market analysis is here: The closure of short positions indicates that buyers are starting to actively intervene, trying to push the price up. If this momentum can continue, Dogecoin is likely to see a breakout. The trend has changed: Dogecoin's price volatility has increased, and if buyers can withstand the pressure, the likelihood of a price increase will significantly rise.
—— Key trading points are here.
Buying opportunity: In the range of $0.310 to $0.320, consider buying Dogecoin. Dogecoin is currently adjusting, and this price point is still quite good for entry. Price target: The first target is $0.340; if buying pressure is strong and the price rises quickly, the second target is $0.360. Stop-loss setting: If the price drops to $0.300, sell quickly to avoid losses.
- Trading strategy
If Dogecoin's trading volume increases significantly and successfully breaks through $0.330, it is very likely to soar to $0.360. But if it falls below $0.310, be cautious, as the momentum may not be good.
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