📊 Technical Analysis - DOGE/USDT
🕒 Chart: Daily (1D)
💰 Current Price: $0.18705
📈 Variation: +5.80%
📉 Technical Indicators
✅ MA(7): $0.18669
✅ MA(25): $0.21228
✅ MA(99): $0.18641
📉 RSI(6): 41.55 — coming out of the oversold zone
🟢 Swing Trade - Long (Buy)
📌 Entry: $0.185–0.188
🎯 Target 1: $0.202
🎯 Target 2: $0.215
🛑 Stop-loss: $0.176 (~5%)
💡 Price has returned above the 99-period average and shows signs of recovery. RSI is still neutral but has a bullish bias. Opportunity for a short swing if this recovery continues.
🔴 Swing Trade - Short (Sell)
📌 Entry: $0.195 (if it rejects the $0.20 region)
🎯 Target 1: $0.182
🎯 Target 2: $0.172
🛑 Stop-loss: $0.205 (~5%)
💡 If the price rejects the resistance near $0.20, it may initiate a new correction leg with support close at $0.172.
💸 Spot Strategy with DCA (Dollar Cost Averaging)
Avoid trying to catch the bottom. Build your position in stages:
✅ 40% at $0.185 (psychological level and close to MA99)
✅ 30% at $0.176 (recent previous low)
✅ 30% at $0.164 (support marked on the chart)
🎯 Long-term goal: gradual recovery to $0.23–$0.26
⚠️ Risk Management
🔹 Only use capital that you are willing to risk
🔹 Adjust the position size based on the stop
🔹 Do not trade impulsively — follow the plan with discipline
📢 And you, are you trading DOGE or just observing? Are you accumulating or waiting for more decline? Comment on your strategy!
#DOGE #SwingTrade #DCA #Write2Earn #BinanceSquare
📛 Disclaimer: This analysis is for educational purposes and does not constitute a recommendation to buy or sell. The crypto market is highly volatile. Always do your own research (DYOR).