#MarketRebound
Big news for DOGE! Something big is about to happen!
Urgent notice: When DOGE was at $0.32292, a short position of $6.1242K was forcibly closed. This means that investors who were bearish on Dogecoin had to sell quickly, otherwise they would face huge losses. Will this be a reversal signal for Dogecoin? Let's analyze in-depth and see what major events will happen next!
What happened to Dogecoin? Market analysis is here: Short positions were closed, indicating that buyers are starting to actively intervene and try to push up the price. If this force can continue, Dogecoin is likely to usher in a breakthrough. The trend has changed: Dogecoin's price fluctuations have intensified, and if buyers can withstand the pressure, the possibility of an increase will greatly increase.
——Trading focus is here.
Good buying opportunity: In the range of $0.310 to $0.320, consider buying Dogecoin. Now that Dogecoin is adjusting, this price is quite good to start with. Price Target: The first target is $0.340, if the buying is strong and the price rises rapidly, the second target is $0.360. Stop-loss setting: If the price falls to $0.300, you have to sell quickly to avoid losses.
- Trading strategy
If the trading volume of Dogecoin increases significantly and successfully breaks through $0.330, it is likely to soar to $0.360. But if it falls below $0.310, be careful, the momentum may not be good.