$DOGE Dogecoin (DOGE) Trading Setup: Long & Short Ideas
1. Long Position
Entry Point: $0.16 (Near support level)
Take Profit: $0.18 (Resistance level)
Stop Loss: $0.155 (Slightly below support)
Why?
The price is near the support level, RSI is neutral, and the market looks stable. There’s a good chance for the price to rise from here.
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2. Short Position
Entry Point: $0.18 (Near resistance level)
Take Profit: $0.16 (Support level)
Stop Loss: $0.185 (Slightly above resistance)
Why?
The price is facing resistance and struggling to break higher. RSI is not overbought but leaning up. Price may pull back from this point.
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Note:
These setups are based on technical analysis and the crypto market is very volatile.
Always manage your risk and stay updated with the latest news.
Double-check charts and confirm your trade before entering.