🔥 Market Overview: Trend: Dogecoin is in a neutral to slightly bearish phase, consolidating below the 200 EMA. Key Levels: Resistance: $0.2565 – The 200 EMA acting as a barrier. Support: $0.2517 – Short-term support, holding price from further decline. Indicators: EMA 200: Price is below, signaling weakness in momentum. MACD: Slightly bearish, low momentum. RSI: 41.70 – Approaching oversold, but not yet signaling a strong reversal. 🔥 Scalping Strategy (Expanded Targets) 🩸 1. Range Scalping
Long entries near: $0.2517 with stop-loss at $0.2500. Exit at: $0.2565 resistance. 🩸 3. Breakout Scalping
If Dogecoin breaks above $0.2565, go long toward $0.2600+. If Dogecoin drops below $0.2500, short toward $0.2450. 🔥 Mid-Term Trend Forecast (1-3 Weeks): If Dogecoin reclaims $0.2565, it could push towards $0.2650. A break below $0.2500 opens the door for further decline to $0.2450 or lower. 🔥 News & Market Context: No strong bullish catalysts—Dogecoin is currently moving with market sentiment. Low trading volume, indicating lack of major accumulation. The next move will likely depend on Bitcoin and broader market trends. 🔥 Decision: 🩸 Short-term: Favor range scalping between $0.2517 – $0.2565. 🩸 Mid-term: Needs a breakout above $0.2565 for upside confirmation. 🩸 Ideal Play: Buy near $0.2520, sell near $0.2565, short below $0.2500.
👑 Final Verdict: Dogecoin remains range-bound between $0.2517 – $0.2565. Until bulls reclaim $0.2565, upside is limited. Scalping shorts and range trading are the best strategies now.
🔥 "The market is a battlefield—only those who control their entries and exits will survive." 👑
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