Dogecoin surged nearly 3%! Can the next wave double or triple? Newbies can follow
Dogecoin (DOGE) has recently seen a significant rise, increasing by almost 2.7% in just one day, with the price reaching $0.1426, and even hitting a high of $0.1444. The trading volume is also substantial, exceeding $2.1 billion, indicating that a lot of capital is entering the market.
Currently, Dogecoin continues to strengthen in the futures market, rising another 0.6%. Many traders are becoming optimistic about the future market, with some even predicting potential gains of 200% to 300%. While it sounds quite exaggerated, the sentiment has indeed been heightened.
Dogecoin has increased short-term momentum, but volatility is usually quite high. Current data reflects high market attention, suggesting the possibility of further upward movement.
Operation Reference:
If you already hold, you can set a stop loss to protect profits. If you want to enter the market, it is advisable to buy in batches to avoid a single large bet. The important resistance level is in the range of $0.144-0.15, and if it can break through, there may be upward space opened up. Be sure to control your position, as Dogecoin is highly volatile and not suitable for heavy directional bets. If you don't know how to time your entry, you can follow Baiyue, who will provide real-time analysis in the community and give the current best entry points.
Retail investors should be "patiently waiting for opportunities, and act decisively and accurately." Follow Baiyue, join the community to get daily shared real-time strategies + cutting loss guidelines!
