📌 DOGE short-term analysis (September 19)



DOGE is under pressure after hitting the resistance zone of 0.287—0.290 and has fallen back. The current price has retraced to around 0.275, testing support.

🔹 Technical Structure

Resistance above:
0.282—0.285 (short-term resistance zone)
If it breaks through and stabilizes, the target looks towards 0.290—0.300

Support below:
0.273—0.274: Currently under testing
Second support: 0.267 (previous low + trading concentration area)
Strong support: around 0.260

Short-term pattern: The signs of a high double top are obvious. If the market cannot rebound quickly, it may further test lower levels.

🔹 Indicator Prompt

A short signal appeared at 0.285—0.287, then it fell back, indicating it was valid;

Currently still in a weak zone, if it falls below 0.273, it may open up further downside potential.

🔹 Trading Logic

✅ Long position idea:

0.273 support is effective, can take a small long position, target first looks at 0.282;

If it stabilizes again in the range of 0.267—0.260, it would be a better short-term long position.

✅ Short position strategy:

If it rebounds to 0.282—0.285 without breaking, you can try a short position, targeting to look back at 0.273 or lower.

⚡ Summary:
DOGE is currently in a range-bound correction phase, with clear support and resistance levels. The short-term strategy is to buy low and sell high, and only a real breakout above 0.290 may lead to a larger market movement.
DOGE-6.25%
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GateUser-50c1e0ddvip
· 4h ago
HODL Tight 💪
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GateUser-50c1e0ddvip
· 4h ago
https://gate.com/post?post_id=13867313&tim=VlFFVllbAwUCBScQBUsKAF0O0O0O&ref=VLBMVL4MAA&ref_type=105
Reply0
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