#DOGE DOGE Intraday Report
• Current Price: $0.24106 (+6.20%), the Doge King is surging rapidly, but RSI is off the charts, be cautious of sharp price fluctuations.
Key Levels
• Support 1: 0.235 (intraday pullback buffer + concentrated chip area)
• Support 2: 0.208 (24h low, breaking point turns weak)
• Resistance 1: 0.26 (24h high + whole number pressure)
• Resistance 2: 0.28 (psychological resistance at previous high, breakthrough requires significant turnover)
Indicator Signals
• RSI(6) rises to 90, clearly overbought, short-term pullback is highly likely, do not trade against the trend before it changes.
• MACD golden cross but volume decreases, bullish momentum is uncertain, be wary of false breakouts at 0.26.
• Trading volume reached 3.1 billion DOGE, pushing higher but reducing volume on the rise requires position reduction.
Strategy
• Aggressive: Lightly buy near 0.235, stop loss at 0.225.
• Conservative: Wait for a stable breakout at 0.26 before chasing, otherwise reduce positions on highs. Stop loss and observe if it drops below 0.208.
Trend
Short-term bulls dominate, 0.26 is a key dividing point. If stable, look towards 0.28, otherwise pull back to 0.21 for a washout. Be cautious of the Doge operators' rapid rises and falls, do not be greedy.
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