$DOGE 0.221 The pressure level is key! A breakthrough may open a new round of increases!
Dogecoin suddenly jumped up in the early morning, and is now hovering around 0.209.
From a technical perspective, the 15-minute MACD indicator has shown a golden cross signal, indicating that there may still be upward momentum in the short term. However, the 1-hour chart has started to level off, meaning that the larger trend is not yet fully clear.
I believe that today during the day, it is highly likely to maintain an oscillating upward rhythm, gradually recovering from previous declines. The key point is whether the pressure level at 0.221 can be broken; if it stabilizes above that, it can continue to rise. The support level at 0.203 below is relatively solid and is not easily broken in the short term.
In terms of trading advice, I personally feel that one can try to buy lightly around 0.2067; this position has good cost-effectiveness. If the pressure level at 0.221 is successfully broken, one can continue to hold for higher targets.
However, it should be reminded that market sentiment is still relatively cautious; don't rush to heavily bet, it's more prudent to take small steps first. When to enter, when to exit? How to grasp strong coins? What to set for take profit? Sister Shisan will inform fans immediately on Shequn, as long as you follow my thinking and execute what I say, you will definitely reap rewards!
