【Say something harsh: DOGE is not entering now, there’s a high probability of chasing highs later】
DOGE this noon was quite restrained.
To be honest, I’ve been staring at this line for almost two hours, not rushing to act. At 0.128, it's not high nor low, but you can see the RSI has dropped to 37.4, clearly a pullback. At this time, the scariest types of people are: one is the kind who just chased in a few days and got their legs broken, and the other is the one who is now too scared to enter. I belong to the middle ground, wanting to enter but also afraid of getting hit.
In this kind of market, it’s either very strong or very bad.
But this coin, you have to see what it fundamentally is — a MEME, driven by emotional madness. These days, the overall market hasn't shown much movement, and funds just sitting idle make DOGE, this old internet celebrity, the easiest to be picked up. You see it retracing without breaking support, and the volume hasn’t collapsed; it’s more like washing out the previous wave of floating profits. If it were really weak, it would have fallen down like some altcoins and wouldn’t be able to get back up.
Rationality tells me to wait, but my hands are a bit unruly.
What’s coming next is nothing more than two types of movements: one is to continue grinding, spending a few days between 0.125 and 0.13, waiting for the moving averages to catch up before choosing a direction; the other is a sudden bullish candle breaking the deadlock, charging directly towards 0.14. I've seen that kind of script many times, often happening while you’re just scrolling through a short video, and when you look back, it’s already up 15%. Don’t ask me how I know, that’s how I missed the doubling opportunity last year.
I’m not urging you to go all in; if you really want to enter, you have to control your position. But if you keep waiting for a “confirmation signal,” waiting for some breakout with volume, or for the RSI to go above 50, you might only end up waiting for a chasing high position. The most ruthless part of this market isn't the crash; it's watching it rise right in front of your eyes while you still think “it hasn’t bottomed” and dare not act.
Recently, several big influencers have been talking about DOGE making a comeback, and community enthusiasm is warming up again. I can't say it will definitely take off, but having more observation at this position is better than completely getting off. After all, this is DOGE, not some obscure small coin; as long as there’s a little wind or movement, the entire market will tremble.
So I’ll say something harsh: if you don’t enter now, you’ll probably have to chase highs later. Believe it or not, I’ve held my bottom position, whether to add depends on whether it can stabilize at 0.13 tonight.
