Based on the current DOGE technical analysis, the following contract strategy recommendations are provided:
📊 Current Price: $0.21812, down 2.51% in the last 24 hours
🔻 Short Selling Strategy (Recommended):
Entry Point: Short sell during the rebound in the $0.2190-0.2200 range
Stop Loss: $0.2260 (break above EMA55 resistance)
Target 1: $0.2160 (recent low)
Target 2: $0.2140 (daily support)
Leverage: 3-5 times
📈 Technical Basis:
Super Trend Indicator continues to show bearish signals
Price has broken below all EMA moving averages
RSI is at 37 in a weak zone
MACD histogram turned negative
⚠️ Risk Control:
Position control within 20% of total capital
Strictly enforce stop-loss to avoid holding positions
Pay attention to the key support at $0.2140; a break below will accelerate downward movement
🎯 Operational Suggestion: Focus on short positions for the short term, waiting for rebound short selling opportunities, targeting the $0.214 area
