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$DOGE Currently around 0.093680 USDT.
I'm not focusing on the rise and fall, but whether this level is worth touching.
In the short term, I still lean towards bearish. $DOGE
At this level, I will first look at these points:
First, the price has already approached the resistance zone, and the upward space and risk-reward ratio are average.
Second, the active buying is not decisive enough, and an upward breakthrough still lacks momentum.
Additionally, the divergence at high levels is beginning to widen, making a short-term shakeout more likely.
I prefer to view it this way: top sweep high, waterfall short / rebound lure long, then second waterfall short / break support chase short.
The entry point I will watch: 0.094429 USDT
First target for take profit: 0.088809 USDT
Position to exit if wrong: 0.096678 USDT
Signals indicating a wrong judgment: 5m rebound encountering resistance / 15m rebound reaching the peak high point.
Risk-reward ratio reference: 2.50R
If the level is not reached, better to wait longer, and don't force a trade.