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Today we directly present valuable insights, taking you apart to analyze the signals behind the DOGE one-hour chart.
Technical analysis depth here:
MACD's dual lines have fallen below the 0 axis, indicating that short-term momentum has turned bearish, with the yellow and white lines diverging downwards, and no signs of a golden cross, making the rebound weak.
RSI(14) is at 40.998, not yet in the oversold zone, indicating that there is still room for a decline.
All 9 oscillators have issued a 'sell' signal, especially with STOCHRSI at 4.288 and Williams %R at -90.281, which are in the oversold territory, but the trend indicators are still pointing down, suggesting a possible short-term rebound, but the trend has not reversed.
The moving average system is in a bearish arrangement, with MA5 to MA200 all above the current price, forming layers of pressure, especially as MA5 crosses below MA10 forming a 'death cross', which is clearly suppressive.
Key level identification: The recent pressure above is at 0.134, making it difficult to break; the first support below is at 0.119, and the second support is at 0.113.
In summary, the technical aspect shows 'bearish resonance', with all signals pointing to a continued bottom exploration. Follow Mig for the best layouts updated daily, so you won’t be led by the manipulators! Chat Room
Mig's personal opinion:
I think DOGE will find it hard to effectively break through 0.134 today, let alone the high-pressure area of 0.14. Without any positive stimulus, the market is more likely to test the support around 0.119 downwards; if it breaks down with volume, the bottom support at 0.113 will also be tested.
Remember: In a downtrend, all rebounds are opportunities for you to escape, not a call to charge. Want to keep up with Mig's real-time judgments? Follow me to avoid bottom fishing halfway up the mountain! Chat Room
Retail investor operation advice:
Holders: It is recommended to set a stop loss near 0.125; if it drops below 0.122, consider reducing your position.
Non-holders: Be patient and wait, observe whether it stabilizes around 0.119, and do not blindly catch a falling knife.
Bottom fishing strategy: Unless there is a 30-minute MACD divergence with a bullish candle on increased volume, do not act lightly.
Many people are asking: 'Will DOGE suddenly spike?' In fact, the actions of the manipulators can be tracked. Mig has already noticed the 'capital flow signal' starting to show unusual activity; once confirmed, I will share it in the village at the first opportunity.
Want to know how Mig managed to lead his brothers in the village to dodge needles and precise ambushes? Follow Mig and participate in every attack by the Mig villagers! Mig will announce the specific entry time and real-time news in the village every day.
