#DOGEUSDT

Based on the DOGE/USDT chart from Binance, we can analyze the next trend as follows:

1. Current trend analysis

Current price: 0.25461 USDT

24h high: 0.26134 USDT

24h low: 0.24947 USDT

Trading volume: Showing signs of decreasing compared to the previous one.

2. Technical indicators

Bollinger Bands: The price is moving close to the lower border of the Bollinger Band, indicating a possibility of a slight recovery but still in a downtrend.

RSI (6): 37.83, in the area below 50, near the oversold level but not yet reaching the 30 level, showing that selling pressure is still dominant.

Stochastic (K: 32.48, D: 39.42, J: 18.59): The J line is at a low level, indicating that the market may have a short-term recovery if buyers return.

3. Predicting the next trend

If the price stays above 0.25 USDT, there may be a slight recovery to 0.26 USDT before deciding the next trend.

If the price breaks below 0.25 USDT, the market may continue to decline to a stronger support zone around 0.22 - 0.23 USDT.

Currently, the market is still in a downtrend but there may be a short-term recovery.

4. Trading strategy

If you are a short-term trader, you can wait to buy at the support zone of 0.25 - 0.248 USDT and take profit around 0.26 USDT.

If you are a long term investor, you should wait for a clearer confirmation of the trend reversal before entering an order.