Scalping & Mid-Term Analysis for Dogecoin
Market Overview:
Trend: Dogecoin is in a recovery phase after a sharp correction, currently testing key support levels.
Key Levels:
Resistance: ~$0.300 - $0.316
Support: ~$0.266 - $0.273 (weak), ~$0.260 (stronger)
Indicators:
MACD: Weak bullish momentum, potential for a shift if volume increases.
EMA: DOGE is holding the 50 EMA, showing buyers are defending this level.
RSI: Neutral (~47), indicating room for upside if momentum increases.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? DOGE is bouncing from support but struggling to break resistance.
How?
Buy near $0.266 - $0.273, targeting a quick scalp to $0.290 - $0.300.
Sell near $0.300 - $0.316, as resistance remains strong.
Stop-loss below $0.260, as a breakdown could lead to deeper correction.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $0.316 or breakdown below $0.260.
Execution:
If DOGE breaks $0.316, scalp long targeting $0.330 - $0.350.
If DOGE drops below $0.260, scalp short to $0.245 - $0.230.
🩸 3. EMA Scalping
Why? DOGE is holding above the 50 EMA, suggesting bullish interest.
Execution:
Buy on EMA bounce (~$0.266 - $0.270) if price holds above it.
Short only if price loses the 50 EMA support with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral
Why?
DOGE is still holding key supports, meaning buyers are active.
If price stays above $0.266, expect a retest of $0.300 - $0.316.
If price loses $0.260, deeper correction toward $0.245 - $0.230 is likely before continuation.
Only a strong breakout above $0.316 will confirm bullish dominance toward $0.350+.
🔥 News & Market Context:
No major bearish catalysts, meaning the uptrend remains intact.
Market waiting for liquidity, potential stop-hunts before a breakout.
Watch Bitcoin’s movement, as DOGE often follows BTC’s trend.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping within range is viable.
🩸 Mid-term: Bullish unless DOGE breaks below $0.260.
🩸 Ideal Play: Look for dips to buy above $0.266 and avoid shorts unless $0.260 is lost.
👑 Final Verdict:
DOGE remains in a recovery phase. If it holds $0.266+, expect a move toward $0.316 - $0.330. 🚀
Trend: Dogecoin is in a recovery phase after a sharp correction, currently testing key support levels.
Key Levels:
Resistance: ~$0.300 - $0.316
Support: ~$0.266 - $0.273 (weak), ~$0.260 (stronger)
Indicators:
MACD: Weak bullish momentum, potential for a shift if volume increases.
EMA: DOGE is holding the 50 EMA, showing buyers are defending this level.
RSI: Neutral (~47), indicating room for upside if momentum increases.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? DOGE is bouncing from support but struggling to break resistance.
How?
Buy near $0.266 - $0.273, targeting a quick scalp to $0.290 - $0.300.
Sell near $0.300 - $0.316, as resistance remains strong.
Stop-loss below $0.260, as a breakdown could lead to deeper correction.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $0.316 or breakdown below $0.260.
Execution:
If DOGE breaks $0.316, scalp long targeting $0.330 - $0.350.
If DOGE drops below $0.260, scalp short to $0.245 - $0.230.
🩸 3. EMA Scalping
Why? DOGE is holding above the 50 EMA, suggesting bullish interest.
Execution:
Buy on EMA bounce (~$0.266 - $0.270) if price holds above it.
Short only if price loses the 50 EMA support with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral
Why?
DOGE is still holding key supports, meaning buyers are active.
If price stays above $0.266, expect a retest of $0.300 - $0.316.
If price loses $0.260, deeper correction toward $0.245 - $0.230 is likely before continuation.
Only a strong breakout above $0.316 will confirm bullish dominance toward $0.350+.
🔥 News & Market Context:
No major bearish catalysts, meaning the uptrend remains intact.
Market waiting for liquidity, potential stop-hunts before a breakout.
Watch Bitcoin’s movement, as DOGE often follows BTC’s trend.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping within range is viable.
🩸 Mid-term: Bullish unless DOGE breaks below $0.260.
🩸 Ideal Play: Look for dips to buy above $0.266 and avoid shorts unless $0.260 is lost.
👑 Final Verdict:
DOGE remains in a recovery phase. If it holds $0.266+, expect a move toward $0.316 - $0.330. 🚀
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.