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The mining lamb
Crypto Newbie
1d ago
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A friend told me he went all in on DOGE, aiming for a $1 return. I laughed. Not that I laughed at his stupidity, but at his naiveté. Another friend bought DOGE at the peak of the 2021 bull market, at $0.70. He's still hoping it will return to its all-time high. From a technical perspective, the current shrinking trading volume indicates insufficient buying pressure. The evening star pattern and the overbought RSI signal create a bearish confluence, suggesting the market may face short-term pullback pressure. While the price has broken through short-term moving averages and formed a golden cross, the shrinking volume indicates insufficient upward momentum. Strategy 1: [Sideways Trading - Sell High] Entry Area: 0.12139 USDT Stop Loss: 0.123 USDT Target Area: 0.11 USDT Strategy 2: [Sideways Trading - Buy Low] Entry Area: 0.09461 USDT Stop Loss: 0.093 USDT Target Area: 0.1065 USDT {future}(DOGEUSDT)
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USDT
+0.04%
DOGE
+0.68%
Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
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