I opened a $DOGE long while scrolling on my phone last night. I’ve held it for less than a day, and I’m already up 203U, a 27.5% gain, with a position size of 738U and 8x leverage. My entry was 0.0693, and the price is now 0.0798—I’ve definitely caught a nice move.

Technically, it’s down 2.31% over 24 hours, with an intraday high of 0.0838 and a low of 0.0796. The current price is basically sitting near the bottom of the range. Trading volume is 45M, and the funding rate is -0.000%. Sentiment is still bearish, but the price is already close to its intraday low, so chasing a rally doesn’t make much sense.

My entry is 0.0693, my stop-loss is 0.0649, and my take-profit is 0.0982. I’ll exit if it falls below 0.0649, and take profit as planned if it reaches 0.0982. If it rebounds to around 0.0838 in between, I’ll watch the volume and decide whether to trim the position. I’m still sitting on an unrealized gain on this long, so I’ll hold for now and focus on whether the low can hold.

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