Ma’am I’m totally new can you advise me something please 🙏 even
don’t what to do , I just buy some doge
BlockchainBaller
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Bearish
ANOTHER DIP ❗#DOGE dives to $0.261 oversold and nearing a critical zone ❗Will the bounce back surprise us❓$DOGE /USDT: Oversold Conditions After Sharp Drop – A Bounce Ahead❓$DOGE is trading at $0.26211, down -5.83% in the past 24 hours. The token hit a 24-hour high of $0.29295 and a low of $0.25601, reflecting strong selling pressure that has pushed it into oversold territory.
Key Levels to Watch
Resistance: $0.2700 – A break above this level is needed to initiate a recovery.
Support: $0.2560 – Holding this level is crucial to avoid further downside.
Trade Setup
Entry Zone: $0.2600–$0.2650 – Look for a potential bounce from oversold levels.
Stop-Loss: Below $0.2500 to manage downside risks.
Targets
1. $0.2750 (Short-Term)
2. $0.2900 (Mid-Term)
3. $0.3100 (Extended Target)
Technical Indicators
RSI: At 21.32, indicating extreme oversold conditions and a potential reversal.
MACD: Bearish, reflecting the current selling momentum but signaling exhaustion.
Market Insight
DOGE has sharply declined, with RSI hitting oversold levels, suggesting a possible rebound. A recovery above $0.2700 could attract buying interest, while failure to hold $0.2560 support might lead to further declines.
Pro Tip: Watch for increased volume near support to confirm a bounce. Take partial profits at short-term targets and adjust stop-losses to secure gains.
#DOGE
Key Levels to Watch
Resistance: $0.2700 – A break above this level is needed to initiate a recovery.
Support: $0.2560 – Holding this level is crucial to avoid further downside.
Trade Setup
Entry Zone: $0.2600–$0.2650 – Look for a potential bounce from oversold levels.
Stop-Loss: Below $0.2500 to manage downside risks.
Targets
1. $0.2750 (Short-Term)
2. $0.2900 (Mid-Term)
3. $0.3100 (Extended Target)
Technical Indicators
RSI: At 21.32, indicating extreme oversold conditions and a potential reversal.
MACD: Bearish, reflecting the current selling momentum but signaling exhaustion.
Market Insight
DOGE has sharply declined, with RSI hitting oversold levels, suggesting a possible rebound. A recovery above $0.2700 could attract buying interest, while failure to hold $0.2560 support might lead to further declines.
Pro Tip: Watch for increased volume near support to confirm a bounce. Take partial profits at short-term targets and adjust stop-losses to secure gains.
#DOGE
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