#Dogs
Buying point:
Initial buying range: When the price is close to 0.0009700 - 0.0009900 USDT, you can consider buying for the first time. This area is close to the lower track of the Bollinger Bands and the previous low of 0.0009627 USDT, and has support potential. EMA(7) and EMA(25) indicate that price may seek to rebound in this area in the short term.
Breakthrough buying point: If the price breaks through 0.001100 USDT and the trading volume increases, this is an important resistance level. After the breakthrough, you can consider adding positions, and the market may strengthen further.
Take profit point:
The first take-profit target: When the price rises to 0.001200 - 0.001250 USDT, which is the upper Bollinger Band area, you can consider selling part of the position to take profit. There is strong resistance in this area. Second take-profit target: If the price breaks through 0.001300 USDT, you can further reduce your position and take profit. This is a higher resistance level. After the price breaks through, the price may enter the overbought zone.
Stop loss point:
Stop loss setting: If the price falls below 0.0009500 USDT and the trading volume increases, the loss should be stopped immediately. There is no obvious support below this area, and prices may drop further.
Technical indicator support:
EMA(7) and EMA(25): The short-term moving average index shows that the price is in a period of consolidation, but the price is still near the middle track of the Bollinger Bands, showing the potential for a short-term rebound. The tangle between EMA(7) and EMA(25) shows that the short-term trend is unclear, but it may find support near the lower track. Bollinger Bands: Prices currently sit near the lower Bollinger Bands track, indicating that the market is still under pressure in the short term, but may rebound in this area. If the price rebounds to the mid-range, it will face the pressure level of 0.001100 USDT.