1. Short-Term Bounce Strategy (Scalp or Swing Trade)
Given the oversold conditions on RSI and KDJ:
• Entry: If the price approaches or stabilizes near the $0.30 support level.
• Exit: Look for a bounce towards the resistance level at $0.34 or when RSI(6) and KDJ show signs of recovery above neutral levels (RSI > 40, J > 0).
• Stop-Loss: Below $0.295 to protect against further bearish continuation.
Rationale:
#DOGE • The oversold signals suggest a short-term recovery, especially if volume picks up.$DOGE