🚀 Analysis and Follow-up on Currency $DOGE (Dogecoin)
Entry from the current price: 0.13
Stop loss: 0.118
First target 🎯 0.145
Second target 🎯 0.158
Third target 🎯 0.175
Let's talk a bit about the currency: Dogecoin is one of the oldest currencies in the market and has a strong community and high trading activity, often moving with the overall market momentum and news, making it suitable for quick speculation when there is clear activity.
Technical Indicators:
The RSI indicator is close to oversold areas and has started to give a gradual rebound signal.
The MACD indicator is attempting a positive crossover and shows weakness in the downward momentum.
The price is close to the moving averages and is trying to stabilize above them.
Tip 💡 Do not enter all liquidity in one go and keep the purchase gradual while sticking to the plan.
Warning ⚠️ The market is very volatile and any news can change direction quickly; a stop loss is essential
