“DOGE Wandering at 0.385! Key Points for Long and Short Operations Exposed”

Dogecoin (DOGE) current price is $0.38443, with an intraday fluctuation range of $0.37950 - $0.38680, overall showing a volatile pattern with a slight increase in trading volume. Recently, the market bulls attempted to break through $0.39 but failed, facing a direction choice in the short term.

Technical Analysis and Key Points

Support Level: $0.380 (important short-term defense area) Resistance Level: $0.390 (targeting $0.400 after breakthrough) Technical Indicators: The MACD indicator shows a decrease in bullish momentum but remains above the zero line, indicating a strong trend. The RSI indicator is close to 55, with slightly insufficient short-term momentum, requiring attention to the tug-of-war between bulls and bears.

Overall, DOGE is currently in a box range oscillation state, with clear opportunities for long and short operations.

Short-term Contract Strategy

1. Long Strategy

Entry Point: $0.381 (layout near support level) Stop Loss: $0.378 (stop loss if it falls below support) Target Price: $0.390 (challenge resistance)/ $0.395 (target after breakthrough) Leverage Ratio: Recommended 5-10 times leverage, with light positions for long at lower points.

2. Short Strategy

Entry Point: $0.389 (layout near resistance level) Stop Loss: $0.392 (stop loss if it breaks resistance) Target Price: $0.382 (support retest)/ $0.380 (short-term support dip) Leverage Ratio: Recommended 5 times leverage, to moderately control retracement risks.

Risk Warning and Summary

DOGE is currently in a volatile range, requiring close monitoring of support and resistance breakthroughs, and caution against false breakout risks.

If it stabilizes above $0.390, bulls may accelerate towards $0.40 or even higher. If it falls below $0.380, it may trigger bears to further push down to around $0.375.

Short-term traders need to adjust strategies based on actual volatility, strictly set stop losses, and flexibly seize profit opportunities! $DOGE