The current price of $DOGE is $0.333.
From the daily chart, the price previously rose to a high of $0.48434, then fell to around $0.31620, but it has now rebounded slightly.
The 7-day moving average MA7 is supporting the price, preventing it from dropping too much, but the 25-day moving average is still in front.
If the price drops now, it may find support at $0.32500 and $0.31600; if it rises, it may encounter resistance at $0.35000 and $0.37100.
For friends looking to buy DOGE, you might consider trying to buy a bit around $0.33000. If it rises to $0.35000, you’ll make a profit, but if it drops below $0.32000, you need to cut losses quickly.
For friends looking to sell DOGE, you can wait until the price approaches $0.37100 to take action. If it drops to $0.34000, you’ll make a profit, but if it rises above $0.38000 and you haven't sold, you might miss the best opportunity.
The market sentiment is currently quite conservative, and everyone is watching to see if the trading volume will increase. If the trading volume does not rise, the price may not increase much either.
So when operating, everyone needs to be flexible, pay attention to the support and resistance levels, and not stick stubbornly to a single price.
For the next layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, with an expected space of over 10 times being feasible. Like + comment, and I will help you layout throughout the entire bull market!
