A recent trade I made on Dogecoin (DOGE) was inspired by a piece of market news about a partnership with a major retailer. The news caused a surge in the price, and I quickly entered a long position. I set my target near the previous resistance level, and the price moved quickly, reaching my target. This trade taught me the importance of staying up to date with market news, as it can provide quick trading opportunities. However, timing is key, as prices can reverse quickly after news-driven spikes. #TradeStories#NewsTrade
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.