$DOGE #DOGEUSDT 📌Analysis + Trade 🔥 Downward explosion for DOGE/USDT with continued selling pressure ⏱️ DOGE/USDT – Analysis on the hourly timeframe (1h) Current price: $0.22536 (±1.23%)
👈 Technical analysis in brief: After a bearish candle at $0.22536, the price failed to maintain support levels. The price is below EMA7 ($0.22816) and EMA25 ($0.22766) and EMA50 ($0.22603) → Sellers are in control. RSI6 at ~40 → Oversold condition necessitates further downward pressure.
🔷Trade settings: ✅ DOGE/USDT (Sell) SHORT - priority 🔰 Entry price at support break: $0.22400 🎯 Targets (expected in the coming hours): • $0.22300 • $0.22100 • $0.22000 • $0.21800 🛑 Stop loss: $0.22650
📌 Trader's advice: Make sure to close the 1h candle below $0.22400 with high selling volume before entering. -------------------------------------------- 🔵 For corrective rebounds ✅ DOGE/USDT (Buy) LONG 🔰 Entry price at breakout: $0.22750 🎯 Targets (short corrections): • $0.22850 • $0.22950 • $0.23000 • $0.23100 🛑 Stop loss: $0.22600
📌 Trader's advice: Wait for the 1h candle to close above $0.22750 with clear volume before entering.
✨ Trader's advice: “Always remember to manage risk well and do not invest more than you can afford to lose.”
#Pro_Trader_Crypt #Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.