♠️ DOGE/USDT 1-day market analysis: range-bound, ready to go ♠️
DOGE players, this market situation can be described as an undercurrent, let us savor it carefully!
🃏Quick market overview:
• Current price: 0.1035 USDT
• Key support: 0.0987 - 0.1019 USDT
• Key resistance: 0.1082 - 0.1114 USDT
♣️ Long strategy:
1. Entry: 0.1019 - 0.1035 USDT
• Reason: Close to strong support zone, there is a chance of rebound
2. Goal:
• Conservative: 0.1060 USDT (+2.4% to +4.0%)
• Intermediate: 0.1082 USDT (+4.5% to +6.2%)
• Aggressive: 0.1114 USDT (+7.6% to +9.3%)
3. Stop loss: 0.0987 USDT (-3.1% to -4.6%)
• Falling below this level may trigger large-scale liquidations, so stop losses in time
♥️ Short selling strategy:
1. Entry: 0.1082 - 0.1114 USDT
• Reason: Close to a large number of short order concentration areas, which may create pressure
2. Goal:
• Conservative: 0.1050 USDT (-2.9% to -5.7%)
• Intermediate: 0.1019 USDT (-5.8% to -8.5%)
• Aggressive: 0.0987 USDT (-8.8% to -11.4%)
3. Stop loss: 0.1146 USDT (+2.9% to +5.9%)
• Breaking through this level indicates the formation of an upward trend, so stop loss decisively
♦️ Risk warning:
• Single transaction risk is controlled within 3%
• Pay close attention to the 50x multi-order concentration area near 0.0955
• Pay attention to market sentiment and DOGE-related news, which may cause violent fluctuations
🃏 Master advancement:
• Consider grid trading in the 0.1019-0.1082 USDT range to grasp the volatile market
• Pay attention to changes in large leverage positions, which may indicate market trends
As a famous meme coin, DOGE's price trend is often affected by social media and celebrity comments. Dear players, what do you think of the DOGE market outlook? Can it break through 0.11 and reach a new high? Feel free to speak freely in the comment area!
