$DOGE is about to soar! Whether it can break through $0.43 today depends on this wave, and it's also the last line of defense for the bears!
Currently, the price of DOGE is $0.42228, with a daily high of $0.42966 and a low of $0.41477, the price is just swaying back and forth.
Let's talk about support and resistance:
Support is at $0.41477; if this point is broken, it might fall back to $0.41 or even lower, at which point the bears will be pleased. The resistance is at $0.42966.
Here comes the key point:
If DOGE can jump over $0.42966 and establish a foothold, it could then head straight for $0.435, and perhaps even push towards $0.44. But if it can't get through, especially if it drops below $0.41477, then caution is advised; DOGE might turn downwards, with the next support point being $0.41.
For those looking to make money, here’s how to play the bull strategy:
If you see DOGE surpass $0.42966, consider entering, targeting above $0.435. However, set a stop-loss; if it falls below $0.414, withdraw quickly!
As for the bear strategy, here it is:
If DOGE fails to get past $0.42966 and drops below $0.41477, then short it, targeting $0.41, and it might even hit $0.405. Set the stop-loss above $0.43 to avoid missing the opportunity if it suddenly rebounds.
Market sentiment is high right now, and DOGE has great potential this time. If it breaks through $0.42966, it will definitely surge in the short term, possibly reaching $0.435. If it cannot get through and falls below $0.41477, then a pullback may occur, with the price returning to around $0.41.
Finally, I will bring you the latest market analysis and precise buy/sell points every day. For those making money, register on Binance with my referral code Q9TB8ODZ, so I can earn a bit from your trading fees, and I will return a portion to you every month. Wishing everyone wealth and prosperity! $DOGE
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential, with an expected growth of over 10 times being quite feasible. If you want to make big money in the bull market, please like and comment, and I will help you layout the entire bull market!