Dogecoin (DOGE/USD) Scalping & Mid-Term Analysis

🔥 Market Overview:
Trend: Bearish
Key Levels:
Resistance: $0.21, $0.22
Support: $0.20, $0.18
Indicators:
MACD: Weak bullish momentum, but still indecisive
RSI: 51.6, neutral zone, no strong signal
EMA 200: Strong resistance at $0.22
Liquidity & Volume:
Decreasing volume, market lacks strong momentum
Possible accumulation phase before a major move
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (Short Bias)

Entry: Short at $0.21-$0.212
Target: $0.20 (-4.7%), $0.18 (-14.2%)
Stop-loss: Above $0.215
Expected Profit: 4.7%-14.2%
🩸 2. Range Scalping

Buy Zone: $0.20-$0.195
Target: $0.21 (+5.1%)
Stop-loss: Below $0.19
Expected Profit: 5.1%
🩸 3. Breakout Scalping

Entry: If DOGE breaks below $0.195
Target: $0.18 (-7.7%)
Stop-loss: Above $0.20
Expected Profit: 7.7%
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If DOGE fails to reclaim $0.21, further decline to $0.18 is likely
If DOGE breaks above $0.21, expect a retest of $0.22
Only a breakout above $0.22 will flip the trend bullish
🔥 News & Market Context:
DOGE recently broke below key support, indicating weakness
Lack of strong buying pressure
Market sentiment remains indecisive
🔥 Decision & Risk Rating (1-10):
🩸 Short-term (Scalping): Short bias, 7/10 (Profitable but needs confirmation)
🩸 Mid-term (Swing): Bearish, 6/10 (Still weak, potential downside)
🩸 Best Play: Short near $0.21 with a target of $0.20-$0.18

👑 Final Verdict:
Dogecoin remains weak, with no strong momentum. Short setups are preferable. If $0.21 holds as resistance, expect further downside.

🔥 FinCaesar's Statement:
"A trader without discipline is a gambler without luck."