🔔 DOGE 🐶 SIGNAL 🎯

▫️Comprehensive Analysis for DOGE/USDT

Technical Analysis

1. First Chart (Technical Indicators):

• Current Price: 0.12412 USDT

• Volume SMA: 170.772M

• Cumulative Volume Delta (CVD): -101.505B

• Funding Rates: 0.0064

• Open Interest: 1.272B

• Aggregated Futures Orderbook Liquidity: 15.466M

2. Second Chart (Candlestick Analysis and Technical Levels):

• Current Resistance: 0.17462 USDT

• Current Support: 0.10689 USDT

• Stochastic RSI: Indicates the asset is in the oversold region.

• Buy Signal from Synett Indicator: Suggests a buying opportunity.

▫️Conclusion:

Based on the technical analysis, DOGE is in an oversold region, which may indicate a potential rebound. There is strong support at the 0.10689 USDT level, making it a good entry point.

▫️Proposed Trade:

Entry, Exit, and Stop Loss Points:

1. Entry Point: 0.12000 USDT (close to the current support level)

2. Stop Loss: 0.10000 USDT (slightly below the support level to protect capital)

3. Target Prices:

• First Target: 0.15000 USDT

• Second Target: 0.17462 USDT (current resistance)

• Third Target: 0.22758 USDT (higher potential level based on technical analysis)

▫️Trading Strategy:

1. Enter at 0.12000 USDT while monitoring price movement and trading volume.

2. Set a stop loss at 0.10000 USDT to minimize potential losses.

3. Take profits in stages:

• 50% of the position at 0.15000 USDT.

• 30% of the position at 0.17462 USDT.

• 20% of the position at 0.22758 USDT.

#Megadrop #CryptoTradingGuide #MicroStrategy #CertiKvsKraken #LayerZero

$DOGE