Looking at Dogecoin's recent trend, the $0.142 level is very critical. In the short term, if it drops below $0.145, you can try to go long with a small position, but set your stop loss at $0.138. If it rebounds to the $0.148 to $0.15 range, you should appropriately reduce your position and take profits. If it breaks above $0.15, then consider adding to your position with a target around $0.157 to $0.16.
From a medium-term perspective, you need to be more cautious. It's best to wait until the weekly chart firmly stays above $0.15, and you should see volume support for a solid signal. Alternatively, if it pulls back to the $0.12 to $0.13 range, you can build positions gradually with a stop loss at $0.11, aiming for a target of $0.18 to $0.22.
Here, it's important to emphasize risk management—DOGE's volatility is indeed high. Keep your position size within 5%, and strictly adhere to your stop-loss. Never trade based on feelings. The most common pitfall is chasing highs; instead, it's better to patiently wait for adjustments, as buying at lower levels often yields better efficiency.
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.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
RektDetective
· 10h ago
Chasing high prices is really a death sentence. I've seen too many people buy in around 0.15 and then cry about it.
View OriginalReply0
AlwaysAnon
· 10h ago
Chasing high is the easiest way to lose money. I fell for this last time.
View OriginalReply0
RugDocScientist
· 10h ago
Chasing highs is a deadly disease, really. Every time, I get slapped in the face.
View OriginalReply0
Ser_APY_2000
· 10h ago
0.15 is really a hurdle, it feels like I need to tinker with it for a while longer.
View OriginalReply0
ChainSherlockGirl
· 10h ago
Still talking about the number game, let's see who can last longer at the $0.15 level.
---
According to my analysis, if we can really stabilize at $0.15, then things will get interesting.
---
Hey, I’ve been burned by chasing highs before, lessons learned the hard way.
---
I need to take a screenshot of the statement "Position within 5%", so I can throw it back at myself next time I lose.
---
If the $0.12-$0.13 range really drops, I’ll be waiting to scoop up the bargains.
---
Talking about stop-losses is pointless; it all comes down to human nature and psychological game.
---
Interestingly, every time I talk about this, someone always wants to go against the trend, including myself.
---
Listening to weekly chart confirmations is fine, but the market changes in an instant.
---
I believe that buying at low levels is more efficient, but the question is how to determine what truly is a low point.
---
High volatility means more opportunities, but it also greatly increases the risk of liquidation.
Looking at Dogecoin's recent trend, the $0.142 level is very critical. In the short term, if it drops below $0.145, you can try to go long with a small position, but set your stop loss at $0.138. If it rebounds to the $0.148 to $0.15 range, you should appropriately reduce your position and take profits. If it breaks above $0.15, then consider adding to your position with a target around $0.157 to $0.16.
From a medium-term perspective, you need to be more cautious. It's best to wait until the weekly chart firmly stays above $0.15, and you should see volume support for a solid signal. Alternatively, if it pulls back to the $0.12 to $0.13 range, you can build positions gradually with a stop loss at $0.11, aiming for a target of $0.18 to $0.22.
Here, it's important to emphasize risk management—DOGE's volatility is indeed high. Keep your position size within 5%, and strictly adhere to your stop-loss. Never trade based on feelings. The most common pitfall is chasing highs; instead, it's better to patiently wait for adjustments, as buying at lower levels often yields better efficiency.