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$DOGE Currently looking at DOGE, the price is around 0.091340 USDT. Do you think it should continue to grind higher, or is it about time for a pullback?
If I were to give a conclusion first, I would lean more towards: after a pullback, it will continue to strengthen.
Here's my main perspective:
First, hot money is still watching this direction; the sentiment hasn't fully faded.
Second, there haven't been consecutive large sell-offs in the order book; in the short term, it looks more like consolidation rather than weakening.
To add one more point, a waterfall decline should quickly hit new lows; if it doesn't fall fast, it's not a strong waterfall.
Suggested entry price: 0.090609 USDT
Watch this take-profit level first: 0.096090 USDT
Defensive level reference: 0.088417 USDT
But the biggest risk at this level is high-volume attempts to push higher that fail.
If you were trading this, would you buy first and watch a bit longer, or just stay away altogether?