#doge 【Strategy Details】


▶ Trigger conditions: When the price rebounds to the 0.0747-0.0750 area, a 1-hour long upper wick appears or a volume-increase but stalled-consolidation signal occurs, or it directly breaks below 0.0739 and continues with rising volume
▶ Entry: Immediately open a short at market after the trigger, or place limit sell orders at 0.0748-0.0750
▶ Stop loss: 0.0755 (breaks 0.07537 + buffer; stop-loss range is 5-8 points)
▶ Take profit 1: 0.0733 (reduce 50%) — retest the night low / support
▶ Take profit 2: 0.0720 (reduce the remaining 50%) — July 14 close / daily chart support
▶ Add position: Only when in floating profit. If the price falls below 0.0733 and then rebounds back to the 0.0740-0.0742 area and a 15-minute long upper wick appears, you may add. After adding, move the stop loss for all positions to 0.0737 uniformly
▶ Position opening confirmation: Within 1 hour after entering, the price must stay below the entry price. If the 1-hour close returns above the cost price and with increased volume, exit manually immediately.
【Risk-reward】(using 0.0748 entry, 0.0755 stop loss, first target 0.0733: stop loss 7 points, target 15 points) about 1 : 2.14 — **conditions met**
【Risk warning】Currently 0.0742-0.0744 is consolidating on low volume, unclear direction. Shorting directly at the current price does not meet the risk-reward requirement (1:0.83); you must wait for a rebound to 0.0748-0.0750. If the price directly breaks below 0.0739 with rising volume, you can chase the short entry. The July 15 daily chart is currently a bullish candle (0.07437→0.07445), but it has not closed yet; if the close turns bearish, the short direction will be more firmly confirmed. Open the position and decide life or death—if right, stay; if wrong, cut.
DOGE-0.52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned