$DOGE
Futures Trading Strategy for DOGE (15-Minute Timeframe, 20X Leverage)
Current Market Overview
As of the latest data, DOGE is trading at $0.17812, with a 24-hour volume of $690,487,239 and a 1.597% increase in the regular market session. The RSI_14 is at 57.20, indicating a neutral stance, while the StochRSI is at 82.33, suggesting overbought conditions in the short term [1].
Technical Analysis
Fibonacci Levels:
Pivot Point: $0.1740
Resistance Levels: R1 ($0.1890), R2 ($0.1990)
Support Levels: S1 ($0.1580), S2 ($0.1490)
RSI Analysis:
RSI_6: 66.05 (overbought zone)
RSI_12: 59.34 (neutral)
RSI_14: 57.20 (neutral)
Stochastic Oscillator:
StochK: 67.42
StochD: 71.24
Entry, Target, and Stop-Loss Levels
Based on the current price action and Fibonacci levels:
Entry Price: $0.1740 (Fibonacci Pivot Point)
Target Price 1: $0.1890 (Fibonacci R1)
Target Price 2: $0.1990 (Fibonacci R2)
Stop-Loss: $0.1700 (below the recent low to account for volatility)