Dogecoin's Key Battle: Breaking $0.14 May Open Up 43% Upside!
The current price fluctuates around $0.139, with $0.14 above being a key resistance level. A pattern has appeared on the technical chart that may indicate a rebound, but this requires the price to stabilize above $0.14 first to confirm.
On the news front, Argentina has allowed the use of Dogecoin for tax payments and other developments, reflecting its application scenarios gradually broadening, but the actual impact of such news usually takes longer to manifest.
I believe that the overall market sentiment remains weak at present, and relying solely on technical patterns or a single positive factor is unlikely to drive a sustained rise. If it can effectively break through $0.14, the next observation point is around $0.20; however, if it continues to face resistance, it may test the $0.13 support area again.
Overall, in the current environment, it is advisable to remain patient. If you are interested in this asset, you may focus on observing the long and short battle at the $0.14 threshold and do not rush to act. Waiting for clearer trend signals before making decisions may be a more prudent approach.
The market has experienced a sharp decline, with blood flowing in the streets; I will prepare some strong coins suitable for bottom fishing as a recovery plan shortly. Those who want to follow the strategy can join the chat room. @Alpha金手指
