$DOGE $BTC I have never considered myself a trading genius; my investments in Hong Kong and US stocks can only achieve an annualized return of 20%. I have always believed that stability is the key to investing, which is why I never dare to use high leverage. This time, as I ventured into cryptocurrency trading, I only invested 150 USDT of principal, and to my surprise, my luck was good; yesterday my account had grown to 230 USDT.

Technical analysis is an important basis for my decision-making. At the price point of 0.43, the DOGE coin had attempted to break through multiple times but failed each time, forming a clear resistance level. The MACD indicator shows that the fast line and the slow line formed a dead cross above the zero axis, indicating that the short-term market momentum has shifted from bullish to bearish. The RSI (Relative Strength Index) has also fallen from the overbought zone to the neutral zone, further confirming the change in market sentiment. Additionally, the Fibonacci retracement achieved a resonance on the 1-hour and 4-hour charts, with technical signals pointing to one conclusion: there is a demand for a pullback in DOGE coin in the short term, and the time to short is ripe.

Risk management is an indispensable part of my trading. Although my account has now grown to 230 USDT, I am well aware of the uncertainties of market fluctuations. Therefore, I have set a strict stop-loss line at around a loss of 23 USDT (10%), which is at the 0.447 position. This way, even if the market does not move as expected, I can quickly stop the loss and avoid greater losses. Meanwhile, to lock in some profits, I have set a defensive take-profit level at 0.4268. This dual protection strategy allows me to remain calm in the face of market fluctuations.

I hope my experience can provide some insights for friends who are also exploring the cryptocurrency market.