#DOGE Update #2 – July 27, 2025
I previously made two purchases in Doge, and closed one of them with approximately a 10% profit. You can see this in earlier posts as well. After that profit-taking, I opened another position in Doge. However, this time Doge chose to make a correction.
I’m still holding the position and haven’t averaged down yet. My entry level is currently around the $0.262 zone. Unless I see a sharp drop or a clear breakout signal, I find it more reasonable to hold onto the cash in my account rather than averaging down.
At the moment, along with XRP, I’m experiencing around a 10% drawdown from the current level. However, I will continue to wait. I don't think it's reasonable to make a new purchase from this level.
If I decide to average down, I plan to do it near the $0.18 zone. There's also a slight chance I may add at the $0.21 level, but I'm not certain yet. From its current position, I expect approximately a 14% profit. I will continue holding this position.
I previously made two purchases in Doge, and closed one of them with approximately a 10% profit. You can see this in earlier posts as well. After that profit-taking, I opened another position in Doge. However, this time Doge chose to make a correction.
I’m still holding the position and haven’t averaged down yet. My entry level is currently around the $0.262 zone. Unless I see a sharp drop or a clear breakout signal, I find it more reasonable to hold onto the cash in my account rather than averaging down.
At the moment, along with XRP, I’m experiencing around a 10% drawdown from the current level. However, I will continue to wait. I don't think it's reasonable to make a new purchase from this level.
If I decide to average down, I plan to do it near the $0.18 zone. There's also a slight chance I may add at the $0.21 level, but I'm not certain yet. From its current position, I expect approximately a 14% profit. I will continue holding this position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.