🐶 DOGE/USDT – Updated Trading Strategy 06/6/2025

#Dogecoin‬⁩

#memecoin🚀🚀🚀

#FutureTrading

Current price: ~0.1716 USDT 

🔻 Short

   •   Entry: 0.172 – 0.175

   •   SL: 0.178

   •   TP: 0.168   

Analysis: The current price is close to the TP level of the Short order. It is necessary to monitor closely to decide whether to take profit or adjust the order.

🔺 Long

   •   Entry: 0.165

   •   SL: 0.162

   •   TP: 0.173  

Analysis: The current price has exceeded the TP level of the Long order. If profits have not yet been taken, consider adjusting the TP or using a trailing stop to protect profits.

📊 Technical Overview

   •   Resistance: 0.175 – 0.178

   •   Support: 0.165

   •   Technical indicators: RSI and Stochastic RSI indicate oversold signals, potential for recovery.  

⚠️ Recommendations

   •   Capital management: Use appropriate order volume, set tight SL to limit risk.

   •   Market monitoring: The price of DOGE can fluctuate significantly according to the overall trend of the cryptocurrency market.

$DOGE