$DOGE Today's Pro Futures Trading Plan for $DOGE/USDT (13 Jun 2025 | 21:03 UTC)
Long Strategy:
• Trade Direction & Setup Rationale: DOGE/USDT is attempting a recovery after a significant dip, showing signs of potential support around the current levels. A bounce from this area could target higher resistance.
• Entry Zone: $0.1760 - $0.1780 (seeking consolidation or a small bounce)
• Stop-Loss: $0.1730 (below recent low)
• Profit Targets: TP1: $0.1820 (20-period MA), TP2: $0.1850 (previous resistance/200-period MA)
• Risk/Reward Insight: Moderate, depends on strength of bounce from current support.
• Invalidation Level / Caution Note: A break below $0.1720 invalidates the bullish setup and signals further downside.
• Leverage Suggestion: Low to Moderate (3-5x). Watch for increasing buying volume on any upward moves.
Short Strategy:
• Trade Direction & Setup Rationale: DOGE/USDT has been in a downtrend, and recent attempts to rally have met resistance. A rejection from current resistance or a break below immediate support could confirm continuation of the downtrend.
• Entry Zone: Below $0.1730 (on confirmed breakdown) or a strong rejection from $0.1820.
• Stop-Loss: $0.1800 (above immediate resistance)
• Profit Targets: TP1: $0.1700, TP2: $0.1650
• Risk/Reward Insight: Favorable if downtrend resumes, but current price is near support.
• Invalidation Level / Caution Note: A sustained break above $0.1850 invalidates the short setup.
• Leverage Suggestion: Moderate (3-5x). Look for increasing selling pressure and decreasing buying interest.
Disclaimer: Futures trading is highly risky. This analysis reflects my personal view and is not financial advice.