Current price: 0.22807 USDT
24h volatility: +2.23%
24h trading volume: Slightly decreasing, below average
Technical trend summary by timeframe
• Daily frame (1D): Mid-term uptrend still maintained (price > MA25 and MA99), however, low volume, weak MACD, and neutral RSI → Lacking further upward momentum.
• 4H frame: Price is between MA7 and MA25 → contested area. Need to break 0.23106 (MA25) to confirm further upward momentum.
• 1H frame: Strongly overbought RSI (77.8), MACD diverging negatively → high short-term adjustment risk.
• 15P frame: Price surpasses all MAs but MACD is weak, RSI is high → locally overbought, may soon adjust slightly.
→ Summary: DOGE is still in a main uptrend but shows signs of overbought in the short term. Do not FOMO.
Short-term trading strategy
1. Long strategy (Buy the Dip) – Success probability 60%
• Entry: wait for pullback to support area 0.2250–0.2260 (MA25 4H + Fibo 38.2%)
• TP: 0.2300 and further is 0.2335
• SL: 0.2230 (below MA99 daily)
2. Short strategy (Sell at resistance) – Success probability 55%
• Entry: wait for price to test the area 0.2300–0.2310 (resistance MA99 1H + overbought RSI area)
• TP: 0.2260 and further is 0.2240
• SL: 0.2325
Risk management & notes
• Prioritize Long orders according to daily trend
• Each order should not exceed 3% of the account
• DOGE is greatly influenced by Bitcoin – need to monitor BTC behavior
• Only enter orders when there is confirmation: strong candle (pin bar/engulfing), spike in volume, consensus indicators RSI + MACD
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