Recently, DOGE has been fluctuating continuously, with the price dropping from a high of 0.20792 but successfully stabilizing near this level and showing signs of a rebound.
In the 15-minute timeframe, the DOGE price is gradually approaching the short-term moving average, indicating that bearish momentum is weakening. From the indicators:
The price is currently below the middle band of the Bollinger Bands, with a trend towards testing the middle band (0.21453). If it can successfully break through the middle band, it will open up further upward space.
The green bars continue to shorten, and there is a trend of the fast line crossing above the slow line to form a golden cross, indicating that bearish momentum is fading and bullish strength is accumulating.
Set up long positions in the 0.2120 - 0.2130 range.
Stop loss is set at 0.2090; if the price unexpectedly drops below this level, it indicates that the short-term upward logic has failed, and timely stop loss should be used to control risk. Target price: the first target looks towards 0.2160, which is an important short-term resistance level; if it can break through smoothly, the second target looks towards 0.2190.
For friends looking to seize this rebound opportunity in DOGE, closely monitor the breakthrough of key levels, hop on the train in time, and seize the profit opportunity!
