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$DOGE Currently around 0.09100 USDT.
I'm more concerned about whether there's a trading opportunity at this level.
In the short term, I still lean towards bearishness.
$DOGE At this level, I will first look at these points:
First, high-level divergence is starting to widen, making it more likely to experience a short-term shakeout.
Second, the continuation after a rally is generally weak, and chasing longs may result in entering an awkward position.
Additionally, this wave of rally looks more like an emotional surge, and the follow-through has not caught up yet.
For this kind of situation, I usually follow this approach: top-sweep high waterfall short / rebound baiting long then second waterfall short / break support and chase short.
The entry point I will watch closely: 0.091758 USDT
First target: 0.086296 USDT
Stop-loss at the point to exit if wrong: 0.093943 USDT
Premise for invalidating this judgment: 5-minute reclaim of resistance / 15-minute reclaim of the high
Risk-reward ratio reference: 2.50R
If the price hasn't reached the level, it's better to wait patiently rather than forcing a trade.