๐ $DOGE (DOGEUSDT) โ ๐ข LONG
๐ฐ Current price: 0.06928 USDT (24h: -0.82% | Vol 24h: 25.57M USDT)
๐ฏ Entry (Entry zone): 0.06900 - 0.06928
โ TP1 (Take profit 1): 0.07240
โ TP2 (Take profit 2): 0.07489
๐ SL (Stop-loss level): 0.06776
๐ Technical analysis: On the 4H timeframe, DOGE is trading below the EMA7 at 0.06991 following a slight pullback. RSI(14) at 40 indicates that selling pressure has eased and the price has not entered deeply oversold territory. The 24h low of 0.06801 is close to nearby support at 0.06729, while nearby resistance at 0.07152 remains a level that must be broken to confirm a rebound. The 24h trading volume of around 25.57M USDT continues to provide sufficient liquidity to monitor the LONG scenario as long as the price holds the entry zone and stays above the SL.
โ ๏ธ Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Do your own research (DYOR) and manage your capital carefully before trading.
๐ฐ Current price: 0.06928 USDT (24h: -0.82% | Vol 24h: 25.57M USDT)
๐ฏ Entry (Entry zone): 0.06900 - 0.06928
โ TP1 (Take profit 1): 0.07240
โ TP2 (Take profit 2): 0.07489
๐ SL (Stop-loss level): 0.06776
๐ Technical analysis: On the 4H timeframe, DOGE is trading below the EMA7 at 0.06991 following a slight pullback. RSI(14) at 40 indicates that selling pressure has eased and the price has not entered deeply oversold territory. The 24h low of 0.06801 is close to nearby support at 0.06729, while nearby resistance at 0.07152 remains a level that must be broken to confirm a rebound. The 24h trading volume of around 25.57M USDT continues to provide sufficient liquidity to monitor the LONG scenario as long as the price holds the entry zone and stays above the SL.
โ ๏ธ Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Do your own research (DYOR) and manage your capital carefully before trading.