DOGE's Night Breakthrough Potential is Strong, Short-term Trading Opportunities and High Leverage Strategy Analysis

The current real-time price of DOGE is $0.39433, with a daily high of $0.39668 and a low of $0.37600. The market activity has increased at night, and the price volatility has expanded, making the short-term directional choice gradually clearer. Investors need to focus on the gains and losses of key resistance and support levels.

Technical Analysis and Key Points

From a technical perspective, DOGE is currently approaching the recent high of $0.39668. If it can strongly break through this resistance level, the price may open up upward space, targeting $0.40000 and $0.40500.

The support level below is at $0.37600. If this level is broken, the price may further retrace to $0.37000 or $0.36500. The RSI indicator is currently at 61, slightly bullish, but increasing upward space. The MACD indicator's momentum bars show a trend increase, potentially indicating a strengthening breakout signal in the evening.

Short-term Contract Strategy

Long Strategy:

Entry Point: If the price breaks above $0.39668, one can enter long near $0.39750. Stop Loss: Set below $0.39200 to avoid false breakout risks. Target Levels: First target at $0.40000, second target at $0.40500, and for those with foresight, look towards $0.41000. Suggested Leverage: 6-8 times, capturing the upward momentum.

Short Strategy:

Entry Point: If the price breaks below $0.37600, one can short near $0.37500. Stop Loss: Set above $0.38000 to prevent rebound risks. Target Levels: First target at $0.37000, second target at $0.36500, and for those with foresight, look towards $0.36000. Suggested Leverage: 6-8 times, flexibly responding to downward trends.

Risk Warning

The volatility of DOGE has increased at night, and short-term trading requires close attention to changes in trading volume and the confirmation of key breakout points. Strictly implement stop-loss and take-profit measures to avoid unnecessary losses due to sudden changes. High leverage operations require strict control of position ratios, paying attention to changes in market sentiment to ensure controllable trades. $DOGE