😁😂😂Short-Term Trading Analysis (Based on 1H Chart) — DOGE/USDT
✅ Summary (Short-Term Analysis):
Trend: Attempting Recovery from Bearish
Current Price: 0.17458 USDT
Support Level: 0.16987
Resistance Level: 0.17650 - 0.18000
RSI (6): 42.02 → Somewhat Weak, but Not Oversold
MACD: Bullish Crossover Potential → Indication of Change
📉 Consideration for Short Position:
Analysis🎯 Entry Point: Around 0.17500 - 0.17600 (if Rejected at Resistance)⛔ Stop Loss: 0.18050 (if Bullish Breakout Occurs)🎯 Target 1: 0.17100🎯 Target 2: 0.16900 (Previous Low)
⚠️ Caution:
Need Confirmation Before Short Entry if MACD Bullish Crossover Occurs.
Market is Volatile, so Do Not Trade Without Stop Loss.
If you want, I can prepare a trading plan chart based on this analysis. Let me know?