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$DOGE Currently around 0.09433 USDT. Do you think we should keep grinding higher, or is it about time for a pullback? $DOGE
$DOGE If I were to give a conclusion upfront, I’d lean more towards: a rise first, then a shakeout.
Here’s my main view:
First, the order book shows some signs of stagnation, so chasing aggressively isn’t worth it.
Second, the price is already close to the resistance zone, and the upside potential and risk-reward ratio are average.
To add, prioritize shorting setups that fail to break higher, end of rebound traps, and key support breaks.
A more comfortable entry point: 0.094954 USDT
Estimated target price: 0.089302 USDT
Position to exit if wrong: 0.097214 USDT
The key risk is a volume breakout above the resistance level; if I were trading, I would wait to confirm the breakout’s validity before entering, avoiding impulsive moves.