$DOGE This round is complete, take your time to accumulate Long-term investment
I. Overall Trend Judgment (Core)
Current price $0.1284. This is a very critical position, indicating that the price has retraced more than 80% of the previous major rally, returning to the mid-2024 congestion area. The market is in a bearish alignment, with clear suppression, and market sentiment has shifted from extreme enthusiasm to a freezing point.
The short-term trend of DOGE remains weak. It is currently searching for a new balance point. Although the price is tempting, without a new narrative, it is difficult to reverse quickly.
II. Key Levels
Resistance Levels:
Short Resistance: $0.1600 - $0.1800$. A small rebound platform during the recent downward trend. A significant amount of funds that attempted to catch the bottom have been trapped here.
Strong Resistance: $0.2000 - $0.2200$. A clear “right shoulder” rebound high point. Only by standing back above $0.20 can it be declared that the downward trend has ended; otherwise, any rebound is merely a trap for the bulls.
Support Levels:
Lifeline: $0.1200 - $0.1250$. The current operating area, also the neckline before the rise. The bulls must defend this level; otherwise, the pattern will completely collapse.
Iron Bottom: $0.0800 - $0.1000$. The accumulation bottom lasting more than half a year. This is the absolute value center of DOGE; if it drops here, it is a buying opportunity with closed eyes.
III. Trading Volume Signals
Signal: Massive surge in volume, decreasing volume on decline.
Top trading volume is huge (main force unloading), while the current downward process is gradually shrinking in volume.
Interpretation: Emotion is retreating. Market attention is declining, and buying power is insufficient to support a significant price rebound, relying only on existing funds for speculation.
IV. Operating Strategy
Holders: Lying down and waiting.
Suggestion: After falling to the current level, cutting losses is not very meaningful. DOGE is the king of memes, with extremely strong phoenix-like attributes.
Strategy: Firmly defend $0.12. As long as it does not break this level, patiently wait for Musk's call or a pulse rebound brought by a warming market sentiment (target $0.20).
Non-holders: Left side ambush.
Strategy: $0.1000 - $0.1200 is an excellent long-term investment range.
Logic: Every bull market round, DOGE will perform. The current price is close to the starting point, with limited downward risk ($0.08) and huge upward potential ($0.20+), providing a very high risk-reward ratio.
V. Summary
DOGE has completed its “cycle”, and it is currently “garbage time”, suitable for long-term funds to slowly accumulate, while short-term trading should be avoided!