8.28 Morning 📌 DOGE Market Analysis
DOGE current price 0.22121. Recent prices have been continuously rising, entering a high-level consolidation phase, with significant divergence in short-term funds. The daily chart shows that the bullish trend continues, but momentum has weakened. If there is insufficient volume, a pullback may occur at high levels. The four-hour chart indicates that the 0.225—0.230 range is a key resistance level, while support is focused on the 0.215—0.210 range.
📊 Technical Analysis
Upper Resistance Level: 0.225—0.230
Lower Support Level: 0.215—0.210
Indicators suggest a balance of short-term bullish and bearish forces. If high levels cannot break through with volume, a pullback and consolidation may occur.
💡 Personal Trading Suggestions
1. Short on Rebound: If the price is pressured in the 0.225—0.230 range, consider lightly shorting, targeting 0.218—0.215, with a stop loss at 0.232.
2. Long on Pullback: If the price stabilizes in the 0.210—0.215 range, consider gradually accumulating long positions, targeting 0.222—0.225, with a stop loss at 0.208.
✅ Summary
DOGE has entered a critical resistance zone, with noticeable short-term bullish and bearish competition. It is recommended to operate within a range, focusing on selling high and buying low, with strict stop-loss management. Grasping the rhythm will allow for stable gains from market benefits, and avoid chasing highs or resisting declines. Friends who do not understand the trend direction can follow the daily shared directional strategies from the teacher! #DOGE #doge⚡ #BTC #ETH #bnb