$DOGE Updated Trading Strategy for DOGE/USDT 📊

Based on the new charts and money flow analysis, here’s an updated strategy:

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Key Observations

1. Price: 0.40619 USDT (marginal increase, showing short-term recovery).

2. Money Flow:

Buy Orders: 15.81M DOGE (strong inflow).

Sell Orders: 13.02M DOGE (moderate selling).

Net: Buying pressure exceeds selling, indicating bullish sentiment.

3. SuperTrend:

Green line below price indicates a bullish trend.

4. RSI: 72.63 (Overbought Zone).

High likelihood of a pullback; caution advised for new entries.

5. ADX: 45.06.

Strong trend confirmation (currently upward).

6. Bollinger Bands:

Price near the upper band, indicating potential overextension.

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Trading Plan

🔰 Short-Term Scalping:

1. 💹 Buy Zone:

Price Target: 0.40400 - 0.40500 USDT (near immediate support).

📊 Look for a pullback when RSI drops closer to 50-60.

Confirm with stable volume inflow.

#BuyOpportunity

2. 💰 Sell Zone:

Price Target: 0.40800 - 0.41000 USDT.

🔺 Reason: Aligns with resistance and overbought RSI levels.

#TakeProfit

3. 🛑 Stop-Loss:

Set at 0.40200 USDT to manage risk.

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📈 Swing Trading:

1. 💹 Entry Zone:

Enter at 0.40400 USDT or below.

Confirm with reduced selling pressure in the money flow analysis.

2. 💰 Target Price:

Take profits near 0.42000 USDT.

Key resistance from recent trading range.

3. 🛑 Stop-Loss:

Place at 0.40000 USDT to limit downside.

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Indicators to Watch

1. RSI:

Above 70: Expect a pullback.

Below 50: Strong buy signal near support zones.

2. ADX:

If ADX remains above 40, the trend is likely to continue.

3. Volume:

Monitor for spikes in large sell orders (~6.23M DOGE) as warning signs.

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Alerts

🔔 Buy Alert: Set at 0.40400 USDT for retracement entry.

🔔 Sell Alert: Set at 0.40800 - 0.41000 USDT for profit-taking.

🔔 RSI Alert: If RSI drops below 50, consider buying.

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Hashtags for Execution

#TradeSmart #DOGEUpdates #ScalpingStrategy #SwingTradeSuccess