Looking at your chart (1H timeframe for DOGE/USDT on Binance), here’s a quick breakdown:
🔍 Chart Analysis (1-Hour):
Current Price: 0.24098
Trend: After a strong drop from around 0.28000, price has started to range sideways with low volatility recently.
Recent Movement: Mild bounce but facing resistance near 0.242–0.244
Volume: Decreasing — no strong buying or selling pressure right now
✅ Recommendation:
Scenario Action
Scalping/Short-term 🔻 Sell/Short near 0.242–0.243 with stop loss above 0.245
Swing/Longer-term 🕒 Wait for breakout (above 0.245 = Long; below 0.235 = Short)
Safe Play ❌ Don't enter now — market is sideways and indecisive
📌 Ideal Plan:
If you're day trading or scalping:
Look to short now with tight risk, TP near 0.234–0.230
If you're new or unsure:
Better to wait — market isn’t showing a clear strong direction yet.
