🚀🚀🚀🔥🔥🔥Dog Brother is licking the "cloud bottom" of the monthly line. Is this a bottom rebound or a precursor to a crash?
Dogecoin (DOGE) is undergoing a life-and-death test. The Binance monthly chart shows that the price of $DOGE has been hovering around $0.14, precisely on the lower edge of the Ichimoku cloud's "ultimate support zone" ($0.12-$0.14). In October, it plunged to $0.06 before bouncing back above this area, and now it is testing again—whether the monthly close can hold here will determine if its long-term bottom structure is valid.
**Weekly structure is also fragile**. DOGE is currently compressed between the dense support zone of $0.135-$0.145 and heavy moving averages above (especially the 200-week moving average at $0.1556), and it has broken below the key ascending trend line. This squeezing pattern means that any breakout in either direction could trigger a violent one-sided market.
**Market signals are extremely contradictory**:
- **Seemingly hopeful**: Whales have recently accumulated over 550 million DOGE; the potential MACD golden cross on the 3-day chart has indicated a big rise; use cases like Argentina tax payments and Tesla payments continue to expand.
- **Hidden risks**: Short-term trend is clearly bearish, EMA is in a bearish arrangement; price has failed multiple times to break resistance; increased deposits to exchanges suggest enhanced selling pressure.
**Conclusion and Strategy**:
This is not a time for blind faith. **The monthly support at $0.12-$0.14 is the last line of defense**; losing it will inevitably lead to a deep correction. If it cannot break through the $0.157-$0.166 pressure zone with volume in the short term, any rebound is an opportunity to reduce positions.
**Action**:
- Heavy holders: Take advantage of the rebound to reduce positions in the $0.143-$0.157 area in batches.
- Observers: Patiently wait for two signals—either volume stabilizing above $0.145 and reclaiming the $0.155 moving average area, or dropping to around $0.12 with a panic sell-off followed by stabilization. $BTC $ETH
Dog Brother stands on a tightrope, not a smooth path. Do you think it can hold this time, or will it eventually fall into the cloud sea below? Share your judgment in the comments. #ETH走势分析 #比特币VS代币化黄金 #美SEC推动加密创新监管 #美SEC和CFTC加密监管合作




