📊 Current situation:
- Price: $0.22793 (+1.88%)
- EMA(50) 0.22519 and EMA(200) 0.22720 — key levels for the trend.
- RSI(14): 64.69 (close to overbought, but there is growth potential).
- MACD: positive, signaling continuation of movement.
🎯 Strategy:
1. Entry into long:
- Buy if the price holds above EMA(200) ($0.22720) with volume confirmation.
- Alternative entry: bounce from support $0.21967 (previous low).
2. Take profits:
- TP1: $0.23300 (resistance +2.2%).
- TP2: $0.24000 (psychological level).
3. Stop-loss:
- Below $0.21850 (loss of EMA(50) support).
4. Risk management:
- Risk no more than 1-2% of the deposit.
- Use trailing stop after TP1.
📉 For bears:
- If the price falls below EMA(50), a test of $0.21498 is possible.
📌 Important:
- Volumes are increasing — this confirms interest.
- Watching BTC, it may set the overall market mood.
🚀 Conclusion:
DOGE shows strength, but be prepared for a correction. Trade according to plan!
⚠️ Not investment advice. Educational material. The author is not responsible for your decisions.
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