DOGE: Summary of Yan Chi's Mute Group Discussion (23:00:11 ~ 00:00:11)

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1. The current recommended direction is to long on DOGE, with a focus on the 0.087 support level. If the price falls below 0.087 and rebounds after liquidity is removed, the target for long is 0.1-0.115; alternatively, you can long. 2. Position and Risk Management Recommendations: It is suggested to long a small long order in the 0.087-0.08 range as a tentative entry point. Pay close attention to any liquidity pullback after a break below 0.087 to confirm the long signal. No specific stop-loss order is specified, but the area below 0.08 should be considered a critical risk level, where setting a stop-loss or reducing the position is advisable. 3. This trading strategy is suitable for aggressive short-term trading, seizing opportunities for rebounds after a break below support levels. It emphasizes quick entry and profit-taking when the price rebounds to the 0.1-0.115 range, avoiding overtrading.

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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