🧠 Current situation
• DOGE is trading around 0.1921 USDT, showing slight recovery signals in the short term, but the long term still clearly leans downward.
• Daily frame RSI is in the oversold zone (20.48) → potential technical recovery.
• However, weak volume across all time frames, high risk warning for all large positions.
⸻
📌 Proposed trading strategy
🔸 1. Spot trading (For medium term)
⚠️ Do not buy Spot at this time, because:
• The daily frame trend is still down (MACD negative, MA(7) and MA(25) are strong resistance).
• Price is only increasing technically, no confirming volume → high risk of 'bulltrap'.
👉 Only consider long-term accumulation if the price returns to the range of 0.1750–0.1800 with clear reversal signals.
🔸 2. Futures trading (Short term – With leverage)
Long scenario (only for quick trades, probability 60%)
• Entry: 0.1915 – 0.1920 (near MA25 support on 1h frame)
• TP: 0.1950 – 0.1960 (near MA99 on 1h frame)
• SL: Below 0.1900
✅ Suitable for scalpers – need to exit positions early if volume does not improve.
Short scenario (preferred, probability 55%)
• Entry: 0.1930 – 0.1950 (approaching MA25 on 4h frame – strong resistance)
• TP: 0.1875 (MA99 on daily frame)
• SL: Above 0.1970
⚠️ There is an advantage if BTC is weak – DOGE is prone to being sold off due to lack of intrinsic strength.
🚨 Risk warning
• DOGE is in a narrow range, low volume → easy to 'liquidate' or trigger stop-loss.
• Short-term trading needs to adhere to strict SL, avoid holding positions overnight without increasing volume.
