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Currently, $DOGE is approximately priced at 0.093220 USDT.
For me, the focus isn't on how much it has risen, but whether it's a good entry point here.
This kind of position is most likely to lead to impulsive trading, so let's set discipline first:
First, look at TP1 targeting 0.8R, TP2 targeting 1R, and the remaining position follows the 5-minute EMA20 to protect profits.
Next, only trade high-position sentiment coins, avoid low-position slow-rising coins and weak coins that have already fallen apart.
Additionally, for coins with high volatility, the position must be scaled down accordingly.
Finally, if the entry point is wrong, even if the direction is correct, it may not be profitable.
A more comfortable entry point: 0.092474 USDT
First target for take profit: 0.098067 USDT
Defensive reference: 0.090237 USDT
The most expensive thing in trading is never the stop loss, but refusing to admit you're wrong.
Keeping the rhythm is more important than rushing to prove yourself.