#DOGE The "grinding mode" has started again🐶
Currently, the price is fluctuating around $0.12, having fallen more than 20% from $0.15, but selling pressure seems to be gradually weakening. On-chain data shows that funds are quietly accumulating in the $0.12–$0.127 range, resembling a slow accumulation rather than an emotional bottom-fishing.
The technical side is also quite entangled: the price is slightly above the 50-day moving average, with the RSI close to neutral, leaving space for movement both upward and downward. In the short term, the key focus is on the resistance zone of $0.13–$0.14; if it can stabilize here, the market may become active; however, if it falls below $0.12, caution is needed as it may test $0.115 again.
The sentiment remains inclined towards "fear," and we still need to watch Bitcoin's performance. But don't overlook the fundamentals: Dogecoin has officially confirmed that it will launch a payment application called "Such" in 2026, focusing on wallets, payments, and small merchant usage.
The price is moving sideways, but the story is still slowly unfolding👀#加密市场观察