🚨 $DOGE Day Trading Strategy – April 30, 2025

📊 Technical Overview:

Support Levels: $0.172, $0.168

Resistance Levels: $0.180, $0.185

Indicators:

MACD: Recent bullish crossover suggests potential upward momentum.

RSI: Currently at 56.79, indicating neutral to bullish conditions.

Chart Patterns: Formation of a symmetrical triangle, hinting at a possible breakout.​

📈 $DOGE Intraday Trading Plan:

Long Entry: $0.172 – $0.174

Take Profit (TP): $0.180 – $0.182

Stop Loss (SL): $0.169

Short Entry: $0.180 – $0.182

Take Profit (TP): $0.174

Stop Loss (SL): $0.185​

📰 Market Insights:

ETF Developments: Nasdaq's recent filing for a Dogecoin ETF could influence market sentiment and drive increased trading activity.

Historical Patterns: April has historically been a favorable month for $DOGE , with notable price surges observed in previous years.​

⚠️ Risk Management:

Given the current market conditions and potential for volatility, it's crucial to employ strict risk management strategies. Ensure stop-loss orders are in place and consider position sizing carefully to mitigate potential losses.​

#Dogecoin #DOGE #CryptoTrading #DayTrading #TechnicalAnalysis #MarketUpdate