Elon Musk secret plans for Dogecoin?

I think that the crypto markets could go lower, but probably not by much. In my opinion, we are probably finally near a bottom and there is more upside than downside at this point..

With the rollout of Elon Musk’s “X Money” – there may be a play for Dogecoin hiding in the works (so I’d like to get some exposure to that theme if it happens).

My trade idea for DOGEUSD is as follows:

Entry #1: around $0.10
Entry #2: around $0.09

Or if I’m feeling more bullish / risky / wanting to get leverage, I’ll skip Dogecoin and buy TXXD (2x Long Dogecoin ETF)

For Exit / Take Profit, I’m going to play this by ear and update the comments if I enter a position. Most likely, I’d wait for my position to move into the green by a decent margin, place a stop below a consolidation level and ride it up as price moves up.

Let me know what you think!

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I’m not a financial advisor & this is not financial advice – I just do this for fun.