Brother Hao Talks DOGE: Latest Trend Analysis + Today's Operation Guide
Family, today we are diving straight into the in-depth analysis of Dogecoin (DOGE), with all the key points highlighted for you!
First, let's look at the key price levels: Among the support levels, 0.2166 is a hard line of defense; if it breaks, it is highly likely to accelerate down to 0.215. The psychological level at 0.22 dollars is a critical point where bulls and bears will fight. On the resistance side, 0.2299 is a hurdle; if it stands above this, it may signal a 'golden cross' bullish signal; strong resistance at 0.2533 needs volume to break through; otherwise, the trend cannot be reversed.
The strategy is discussed in two parts: For bulls wanting to enter, build positions gradually in the range of 0.22-0.218, with a strict stop-loss set at 0.215, targeting 0.23 first, and if broken, aiming for 0.253, with a medium-term hold potentially reaching 0.30. For bears, if it breaks below 0.216, then short it, targeting 0.20-0.18. Remember to hedge by using futures short positions and reducing spot holdings; don't get liquidated.
Market Prediction: In the short term, within a week, it is highly likely to experience oscillation leaning towards bearish, focusing on the support at 0.216 and resistance at 0.23; if it breaks these levels, adjust the direction accordingly. In the medium term, over 1-3 months, we need to see if there is any progress with ETFs and whether Bitcoin can break the $100,000 mark. If it happens, DOGE is highly likely to rebound to 0.30.
Finally, here’s today's operation guide: Short positions can be considered around 0.22900-0.23400, with the initial target at 0.22230, and then look down towards 0.21150. A reminder, the crypto market changes too quickly; don’t hold on stubbornly, adjust flexibly, and prioritize risk! #DOGE