DOGE/USDT Money Flow Analysis & Trading Plan
Key Observations from Money Flow Analysis:
1. Price Decline: DOGE/USDT is trading at $0.29481, down -9.15%, indicating significant bearish pressure.
2. Sell Pressure Dominates:
Large Sell Orders: 1,039.26M DOGE vs. 929.46M DOGE in large buy orders.
Medium Sell Orders: 589.29M DOGE vs. 577.02M DOGE in medium buy orders.
Small Buy Orders Slightly Higher: 140.94M DOGE vs. 134.43M DOGE small sell orders.
Total Net Outflow: -115.56M DOGE, showing an overall bearish trend.
3. Large Outflow Over 5 Days: -128.87M DOGE, meaning whales have been offloading DOGE consistently.
4. Bearish Money Flow Distribution:
30.47% (Red) Sell Orders vs. 27.25% (Green) Buy Orders.
Last 24 Hours Sell Spike: -108.17M DOGE, indicating strong downside momentum.
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Trading Plan
Short-Term Outlook: Bearish (Sell Pressure)
Risk Level: High (due to aggressive selling).
Entry (Short): If DOGE retests $0.30 - $0.31 and shows weakness, consider shorting.
Stop Loss: Above $0.32 (to avoid short squeeze).
Target: $0.28 - $0.27 (based on sell momentum and liquidity zones).
Alternative Strategy (Scalping)
If DOGE drops to $0.27, look for short-term buying opportunities if there is a reversal signal.
Buy Zone: $0.265 - $0.275.
Sell Target: $0.30 (short-term resistance).
Market Sentiment Monitoring
Watch for Large Buy Inflows: If institutions start accumulating DOGE, it may signal a reversal.
Monitor Support at $0.27: If DOGE holds this level, it could bounce back.
Use Technical Indicators: RSI, MACD, and volume trends for confirmation.
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Final Decision
Primary Bias: Bearish (consider shorting at resistance).
Secondary Plan: Scalping long positions at strong support zones if a reversal is observed.
Would you like me to check real-time price action for further confirmation?
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