DOGE retraced to 0.377 today, only giving one opportunity to get on board. Subsequently, it began to consolidate with decreasing volume at a smaller scale. There are two strategic thoughts.
1. Break through 0.4, pull back and stabilize, continue to look upward, but there isn’t much space to chase higher, significant resistance around 0.42, a sharp rise may occur followed by a quick pullback.
Good things come to those who wait. Like the previous point of view, wait for the opportunity to buy at a low price during a pullback, especially when entering at a high profit and loss position.
Several positions to pay attention to
Support position
First position 0.377 (has been tested multiple times)
Second position 0.363-0.365
Third position 0.352-0.35
Resistance position
First position 0.4
Second position 0.419
Third position
Daily market analysis, like and follow to stay on track.