📉 Market Overview & Technicals
• The price is fluctuating around $0.1798, sitting between the support zone of $0.17–0.18 and the resistance of $0.18–0.20
• Strong resistance around $0.1836–0.1880, if surpassed, it could aim towards the range of $0.20–0.203
• Important support lies at $0.1699–0.1700, if it breaks, it could easily drop to the range of $0.1656–0.1613
• Short-term RSI/MACD is leaning towards neutral to slightly bearish, sell pressure is slightly decreasing
✅ Trading Strategy
🔻 Short Order
• Entry Zone: $0.1799–0.1830
• SL: $0.1895 (through resistance at $0.1880–0.1900)
• TP: $0.1698 (should take partial profits when the price is near $0.1700)
• Reason: Resistance in this area is strong, RSI/MACD has not yet established a clear bull, easy to be rejected
🔺 Long Order
• Entry: $0.1660 (deep support bottom)
• SL: $0.1620 (lower than psychological support zones)
• TP: $0.1785 (approaching resistance at $0.1836)
• Reason: This area is an old bottom; if meme coin capitalization recovers with BTC, the price may bounce back
⚠️ Risk Warning
• If it breaks above >$0.1880–0.1900 with high volume, the short pattern will be invalidated; should stop loss.
• If it strongly breaks $0.1699–0.1700 → there is a risk of continuing down to $0.165, should temporarily halt Long.
• Always remember the fluctuations from BTC – if BTC breaks a major support zone or breaks out – you need to adjust DOGE trading accordingly.
🧭 Conclusion
• DOGE is in a clearly differentiated sideways range: prioritize Short around $0.18, prioritize Long at the deep support zone of $0.166.
• Avoid entering orders in the range of $0.170–0.179 due to high trap risk.
• Maintain strict stop-loss discipline, adhere to clear entry/exit. Do not hold overnight if there are no clear volume and momentum signals.
Make sure to finalize your plans, closely monitor technical indicators and react according to BTC's movements.