$DOGE
🎯 Key Levels:
- Resistance: 0.23013 → 0.26200 (Long-term target).
- Support: 0.22476 (MA7) → 0.21374 (Today's low).
The trend may be upward, but with caution due to the current price (0.22749) being above the short-term average (MA7 = 0.22476), with two recent buy signals (May 12 and 15).
Warning: The MACD indicator is negative (-0.00123), which may indicate a temporary correction before continuing to rise.
Recommendation
- If you are following the short term, buying now may be appropriate; you can enter with a partial buy at 0.22749 with a short-term target at 0.23013. Use profit-taking orders at 0.23013.
Stop loss: Set it below 0.22476 (MA7) to avoid losses in case of a trend reversal.
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Wait: If you are neutral, wait for a breakout at 0.23013 for a stronger buy, or a drop to 0.21374 (today's support) for a lower-risk trade.
Note: #Dogecoin is known for its sharp volatility, so use capital management wisely! 💸
