$DOGE
You have
I will give you a simple strategy for both long (buy) and short (sell), along with entry point, target, and stop loss.
🔵 Long (Buy) Strategy
✅ Entry:
If the price comes back to MA(25) around 0.19612 USDT and shows support there (bullish candle), then this is an entry opportunity.
🎯 Target:
First Target: 0.24851 (previous resistance)
Second Target: 0.31543 (second major resistance)
❌ Stop Loss:
0.18158 (just below recent support and MA(99))
🔴 Short (Sell) Strategy
✅ Entry:
If the price comes back near 0.24851 and shows rejection there (bearish candle or wicks), then a short entry can be taken.
🎯 Target:
First Target: 0.21893 (current price zone)
Second Target: 0.19612 (MA(25) support zone)
❌ Stop Loss:
0.26000 (just above recent swing high)
📊 Meaning of Indicators:
RSI (14) = 59.19 → The market is neither overbought nor oversold (in a neutral zone)
MACD is positive → Bullish momentum is still present
MA has crossed, MA(7) and MA(25) are moving up, which supports the uptrend.
🔐 Risk Management:
Risk per trade: 1-2% of capital
Trade confirmation: Follow volume + confirmation from bullish/bearish candles
Keep an eye on news events, meme coins (like DOGE) react quickly to news