1. The current recommendation is to long on DOGE, focusing on the key support level of 0.090. As long as 0.090 holds, a rise to the 0.095-0.098 range is expected, suitable for tentative entry on dips or light follow-up positions. If it falls below 0.090, selling momentum will return, and a short-term bearish trend should be anticipated, with the risk of a pullback. 2. Position and Risk Management Recommendations: We suggest starting with a small position or a trial order, closely monitoring the 0.090 support level. The stop-loss order can be set at 0.089 or slightly below 0.090. The profit target is locked in the 0.095–0.098 range. We recommend gradually adding to the position to confirm a stable trend. Stop-loss immediately if the price falls below 0.090 to avoid being trapped. 3. Suitable Trading Style: This strategy is more suitable for conservative medium-term or aggressive short-term investors, relying on the 4-hour chart's upward trend line and key support levels for swing trading. It emphasizes that "if 0.090 is not broken, it's the engine of a rebound," making it suitable for quick in-and-out trades. Be wary of rapid pullbacks after a price surge, and avoid holding positions for too long.
DOGE: Summary of Binance Killers Community Discussion (10:00:11 ~ 11:00:11)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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