Congratulations on reaching the TP profit-taking level! This is an important milestone that helps preserve profits and provides valuable lessons. Enjoy this achievement and continue to develop your investment strategy! Wishing you even more success in the future!$DOGE

Based on the 1-hour chart of the DOGE/USDT pair, we have the following observations and trading strategies:

Chart and Indicator Analysis

1. EMA (7, 25, 99): The EMA lines are trending upwards, especially EMA (7) has crossed above EMA (25) and is above EMA (99), indicating a short-term bullish trend is forming.
2. MACD: The MACD line has just slightly crossed above the signal line and is in the positive zone, indicating bullish momentum.
3. RSI (6, 12, 24): The RSI values are all at average levels, with RSI (6) reaching 68, not yet in the overbought zone, indicating there is still room for price increase.
4. Stochastic RSI: The current Stochastic RSI level is around 44, indicating the market is not overbought, with the potential for further increases.

Trading Strategy

Long Position (Buy): Based on the trend indicators and the strength of DOGE/USDT, a buy order can be opened at the current price of 0.14570 USD with the expectation that the price will continue to rise.

• Entry Price: 0.14570 USD
• Take Profit (TP): 0.14950 USD (near the old resistance level)
• Stop Loss (SL): 0.14300 USD (below EMA 25 to limit risk)

Note: This is a short-term trading signal, investors should closely monitor market fluctuations to adjust promptly when a reversal signal occurs.$DOGE

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