Brothers who are关注DOGE, Uncle Feng will explain the detailed analysis strategy this afternoon

DOGE is currently quoted at $0.223-0.228, stuck at a critical oscillation point: support at $0.22 (held up during three pullbacks), resistance at $0.25 (if broken with volume, there will be a large space).

II. Bullish Signals

• 4-hour MACD bearishness is weakening, RSI 58 is slightly strong, there is a nascent bullish divergence;

• Super trend is close to $0.252, a breakthrough will reverse the short-term trend.

III. On-chain Support

Whales accumulated 1.02 billion DOGE in August, exchange chips decreased, holding addresses exceeded 8 million, and funds are quietly positioning.

IV. Afternoon Strategy

1. Short-term: if it breaks $0.25, lightly chase (stop-loss below $0.245), buy on a pullback to $0.222-0.225;

2. Spot: set a stop-loss at $0.22, hold if it doesn’t break;

3. Wait and see: wait for a break above $0.25 or a weekly close above $0.26 before acting.

Remember: with high volatility, don’t exceed 5% position, calculate risks before proceeding～

Uncle Feng sees long positions around 0.22210−0.22600, first targeting 0.22615 and then looking at the next step 0.23100.

However, the cryptocurrency market is ever-changing, so be sure to control risks during operations and set reasonable stop-losses.

#Dogecoin #DOGE Afternoon Strategy #Cryptocurrency Bullish #DOGE