📅 Market Update – August 5, 2025
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💸 Quick glance at DOGE movement
🔹 Current Price: $0.2040
🔹 Daily Trading Range: 0.201 ↔ 0.211
🔹 Trading volume is increasing, and the technical momentum is approaching a price explosion moment 🔥
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📉 Technical Indicators Reading
🔸 RSI (4 hours): Close to level 30 ➤ Oversold ✅
🔸 MACD: Slight bearish signal ➤ Low momentum but not decisive
🔸 Averages: Previous golden crossover is still active ➤ Positive in the medium term
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📊 Suggested Trading Strategy
✅ Potential Buy Trade (LONG)
🔹 Entry Area: 0.195 – 0.200
🔹 Stop Loss: 0.190
🔹 First Target: 0.210
🔹 Second Target: 0.230 – 0.240
🔸 Profit to Loss Ratio: Excellent (1:2.5)
🔻 Potential Sell Trade (SHORT) (only if the price fails to break resistance)
🔹 Entry Area: 0.208 – 0.210
🔹 Stop Loss: 0.213
🔹 Targets: 0.192 – 0.187
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🧠 Advice for Professionals
⚔️ The level of $0.20 is the crucial defense line
If the price holds above with strong momentum ➤ the chances of an upward move are high
But breaking this level ➤ could plunge the price towards 0.19 and perhaps lower
🎯 Make your plan, respect the stop loss, and do not chase the market without a strategy
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📌 Additional Notes
✅ Do not enter the market randomly
✅ Monitor Bitcoin movements first
✅ Do not enter a trade without setting a target and stop loss
✅ Adhere to strict capital management
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📈 #DOGE_Analysis
📈 #Trading_Opportunity
📈 #Digital_Market
📈 #Technical_Analysis
📈 #Safe_Trading
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